RNS Number:2920O
Britannic UK Income Trust PLC
04 August 2003


Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 1
August 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                                                    0.00p


Britannic UK Income Guaranteed Income Shares                                                          96.94p


Britannic UK Income Zero Div Pref Shares                                                              29.00p


For further information contact:

Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257



Announcement Ends




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