RNS Number:3310R
Britannic UK Income Trust PLC
27 October 2003



Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 24
October 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                      0.00p

Britannic UK Income Guaranteed Income Shares                             97.17p

Britannic UK Income Zero Div Pref Shares                                 36.28p



For further information contact:



Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257


Announcement Ends



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