RNS Number:6497L
Britannic UK Income Trust PLC
28 May 2003


                         BRITANNIC UK INCOME TRUST PLC

                                  28 MAY 2003


Announcement begins

At a Board Meeting held today, the Directors of Britannic UK Income Trust PLC
resolved that an interim divided of 0.5833p per Guaranteed Income Share would be
paid in respect of the period to 10 May 2003, payable on 10 June 2003 to
Guaranteed Income Shareholders on the register on 6 June 2003.  The ex divided
date is 4 June 2003.  The Directors further resolved that an interim dividend of
0.5833p per Guaranteed Income Share would be paid in respect of the period to 10
June 2003, payable on 10 July 2003 to Guaranteed Income Shareholders on the
register on 4 July 2003.  The ex dividend date is 2 July 2003.


Announcement ends



Enquiries:

Britannic Asset Management Press Office      0141 222 8225/6

Donna Reid, Investment Trust Manager         0141 222 8257


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