RNS Number:0701M
Britannic UK Income Trust PLC
09 June 2003


Britannic UK Income Trust PLC

10 June 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
June 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    Donna Reid
0141 222 8225 / 6                          Britannic Investment Managers Limited
                                           0141 - 222 - 8257




Announcement Ends






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