RNS Number:8720J
Britannic UK Income Trust PLC
10 April 2003

  
                         BRITANNIC UK INCOME TRUST PLC

                                 10 APRIL 2003


Announcement begins


The Company announces that it is prevented by section 265 of the Companies Act
1985 from paying the dividend due to the guaranteed income shareholders on 10
April 2003.  Accordingly, under the terms of the Guarantee provided by Britannic
Investment Managers Limited they have today made the payment to guaranteed
income shareholders.



For further information contact:-



Britannic Asset Management Press Office

0141 222 8225/6



Announcement ends






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