RNS Number:4086J
Britannic UK Income Trust PLC
31 March 2003


Announcement Begins



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

Britannic UK Income Ordinary Shares                         0.00p

Britannic UK Income Guaranteed Income Shares               96.60p

Britannic UK Income Zero Div Pref Shares                    3.19p



For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257


Announcement Ends


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