RNS Number:5464T
Britannic UK Income Trust PLC
22 December 2003


Announcement Begins


Britannic UK Income Trust PLC announces that as at the close of business on 19
December 2003, the net asset values per share were as follows:

Britannic UK Income Ordinary Shares                               0.00p

Britannic UK Income Guaranteed Income Shares                     97.33p

Britannic UK Income Zero Div Pref Shares                         41.40p




For further information contact:

Donna Reid
Britannic Investment Managers Limited
0141 - 222 - 8257


Announcement Ends


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