RNS Number:2313P
Britannic UK Income Trust PLC
01 September 2003


Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 29
August 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                                                    0.00p


Britannic UK Income Guaranteed Income Shares                                                          97.02p


Britannic UK Income Zero Div Pref Shares                                                              31.29p



For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257



Announcement Ends




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