RNS Number:1844I
Britannic UK Income Trust PLC
03 March 2003



Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 28
February 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                             0.00p

Britannic UK Income Guaranteed Income Shares                   96.53p
                                             
Britannic UK Income Zero Div Pref Shares                        6.77p









For further information contact:



Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257



Announcement Ends




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