RNS Number:5947P
Britannic UK Income Trust PLC
10 September 2003



Britannic UK Income Trust PLC

10 September 2003

Announcement Begins

The Company announces that it is prevented by section 265 of the Companies Act
1985 from paying the dividend due to the guaranteed income shareholders on 10
September 2003.  Accordingly, under the terms of the Guarantee provided by
Britannic Investment Managers Limited they have today made the payment to
guaranteed income shareholders.


For further information contact:

Britannic Asset Management Press         Donna Reid
Office
0141 222 8225 / 6                        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
DIVLMMLTMMABMPJ