RNS Number:5939R
Britannic UK Income Trust PLC
03 November 2003




Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 31
October 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                    0.00p

Britannic UK Income Guaranteed Income Shares                          97.19p

Britannic UK Income Zero Div Pref Shares                              37.98p




For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257



Announcement Ends




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