RNS Number:7681N
Britannic UK Income Trust PLC
21 July 2003




Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 18
July 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                        0.00p


Britannic UK Income Guaranteed Income Shares               96.91p


Britannic UK Income Zero Div Pref Shares                   26.09p




For further information contact:



Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257



Announcement Ends




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