RNS Number:6178J
Property Income & Growth Fund Ld
03 April 2003

3 April, 2003



Property Income & Growth Fund Limited (the "Company")



Please be advised that the net asset value per ordinary share of the Company, as
at 25th  March 2003, including current revenue but excluding unamortised placing
costs of 2.12p per ordinary share, was 15.87p (valuing the income portfolio on a
mid-price basis) and 14.77p (valuing the income portfolio on a bid-price basis).








Close Fund Services Limited

As secretary






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

NAVUUUQACUPWGCW