RNS Number:5035N
Britannic UK Income Trust PLC
14 July 2003





Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 11
July 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                       0.00p

Britannic UK Income Guaranteed Income Shares              96.89p

Britannic UK Income Zero Div Pref Shares                  25.04p




For further information contact:



Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257



Announcement Ends




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