RNS Number:0966J
Britannic UK Income Trust PLC
24 March 2003









Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 21
March 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                                                    0.00p


Britannic UK Income Guaranteed Income Shares                                                          96.58p


Britannic UK Income Zero Div Pref Shares                                                              10.11p









For further information contact:



Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257



Announcement Ends




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