RNS Number:5568T
M&G Recovery Investment Trust PLC
25 March 2002


25th of March 2002

Dear Sir

The Board of M&G RECOVERY INVESTMENT TRUST PLC announce that
the net asset value of the Company at12:00 PM today was
£273.7 million.

Zero Dividend Preference Shares 148.50p
Capital Shares 51.67p
Income Shares (includes accrued income) 1.86p
Package Unit 202.03p
Geared Ordinary Unit 53.53p



                      This information is provided by RNS
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