RNS Number:7998I
Britannic UK Income Trust PLC
17 March 2003


Announcement Begins


Britannic UK Income Trust PLC announces that as at the close of business on 14
March 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                        0.00p


Britannic UK Income Guaranteed Income Shares                              96.56p


Britannic UK Income Zero Div Pref Shares                                   0.42p


For further information contact:


Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257


Announcement Ends


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END

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