The net asset value of Dunedin Income Growth Investment Trust plc as at the
close of business on 30 September 2003 are as follows:

The net asset value after deducting debt at market value is 169.84p.


(For Edinburgh Fund Managers plc, Company Secretary)


Undiluted nav (p): 184.62
Potential Gearing: 123.7
Actual Gearing: 116.2