RNS Number:9727K
Britannic UK Income Trust PLC
12 May 2003


Announcement Begins


Britannic UK Income Trust PLC announces that as at the close of business on 9
May 2003, the net asset values per share were as follows:

Britannic UK Income Ordinary Shares                            0.00p

Britannic UK Income Guaranteed Income Shares                  96.72p

Britannic UK Income Zero Div Pref Shares                      15.65p




For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257


Announcement Ends




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

NAVGUURCAUPWGPP