RNS Number:9451M
Britannic UK Income Trust PLC
30 June 2003


Announcement Begins


Britannic UK Income Trust PLC announces that as at the close of business on 27
June 2003, the net asset values per share were as follows:

Britannic UK Income Ordinary Shares                                  0.00p

Britannic UK Income Guaranteed Income Shares                        96.85p

Britannic UK Income Zero Div Pref Shares                            24.69p


For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257


Announcement Ends


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