RNS Number:0805R
Britannic UK Income Trust PLC
20 October 2003




Announcement Begins


Britannic UK Income Trust PLC announces that as at the close of business on 17
October 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                            0.00p


Britannic UK Income Guaranteed Income Shares                  97.16p


Britannic UK Income Zero Div Pref Shares                      42.40p


For further information contact:



Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257


Announcement Ends




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