RNS Number:3646M
Britannic UK Income Trust PLC
16 June 2003


Announcement Begins

Britannic UK Income Trust PLC announces that as at the close of business on 13
June 2003, the net asset values per share were as follows:

Britannic UK Income Ordinary Shares                                   0.00p

Britannic UK Income Guaranteed Income Shares                         96.81p

Britannic UK Income Zero Div Pref Shares                             28.61p


For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257

Announcement Ends


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