RNS Number:0186P
Britannic UK Income Trust PLC
26 August 2003


Announcement Begins

Britannic UK Income Trust PLC announces that as at the close of business on 22
August 2003, the net asset values per share were as follows:

Britannic UK Income Ordinary Shares                                   0.00p

Britannic UK Income Guaranteed Income Shares                         97.00p

Britannic UK Income Zero Div Pref Shares                             33.57p


For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257

Announcement Ends


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
NAVPUUGURUPWGPQ