RNS Number:3789U
Britannic UK Income Trust PLC
19 January 2004



Announcement Begins



Britannic UK Income Trust PLC announces that as at the close of business on 16
January 2004, the net asset values per share were as follows:


Britannic UK Income Ordinary Shares                                   0.00p

Britannic UK Income Guaranteed Income Shares                         97.40p

Britannic UK Income Zero Div Pref Shares                             48.23p


For further information contact:

Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257



Announcement Ends




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