RLU Royal Lon Tst

RNS Number:1970K
Royal London UK Eqty&Income Tst PLC
18 December 2007

ROYAL LONDON UK EQUITY & INCOME TRUST PLC (the "Company")

As at close of business on 14 December 2007, the unaudited net asset value
("NAV") per share class of

the Company calculated in accordance with the AIC formula was:



NAV per Ordinary Share excluding current financial year revenue items = 37.23
pence*

NAV per Annuity Share = 75.00 pence





ROYAL LONDON UK EQUITY & INCOME SECURITIES PLC (the "Subsidiary")

As at close of business 14 December 2007, the NAV per Zero Dividend Preference

share of the Subsidiary, a wholly owned subsidiary of the Company = 168.88
pence.



*Notes:

1.  The investments are valued at bid and the bank loan is included at fair
value.

2.  The NAV of 75.00 pence per Annuity Share stated above is the amount payable
to Annuity Shareholders according to the Articles of Association on their
redemption date of 14 September 2021. Consent of the Annuity Shareholders to a
winding-up prior to that date would be required.  The Articles do not provide a
formula to be used in such an event and any settlement would need to be
negotiated with the Annuity Shareholders.  The NAV of 75.00 pence should not be
taken as reflecting such an amount.





BNP Paribas Secretarial Services Limited

Secretary



18 DECEMBER 2007


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

NAVGUGUGPUPMGAR

Royal London Uk Equity Trust (LSE:RLU)
Historical Stock Chart
From Jun 2024 to Jul 2024

Royal London Uk Equity Trust (LSE:RLU)
Historical Stock Chart
From Jul 2023 to Jul 2024