RNS Number:1501S
Britannic UK Income Trust PLC
17 November 2003




Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 14
November 2003, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                       0.00p

Britannic UK Income Guaranteed Income Shares                             97.23p

Britannic UK Income Zero Div Pref Shares                                 42.77p



For further information contact:



Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257



Announcement Ends




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