Director Shareholding

RNS Number:9971J
Royal London Growth & Inc Trust PLC
14 April 2003

ROYAL LONDON GROWTH & INCOME TRUST PLC

Notification of Director's Interests



The Company hereby gives notice of the following change in the share interests
of George Kershaw, a director of the Company:

Beneficial
Type of Security:                               9% Convertible Unsecured Loan 
                                                Stock 2020 ("CULS")
Registered holder:                              George Kershaw
Beneficial or non-beneficial interest:          Beneficial
No. of Securities purchased:                    315,000
Total % of issued class of Security:            0.572%
Nature of Transaction:                          Purchase of CULS
Price per Security:                             #0.91
Date of Transaction:                            10 April 2003
Date Company informed:                          14 April 2003
Total holding following notification:           315,000
Total % held in issued class of Security        0.572%
following this notification:





14 APRIL 2003


                      This information is provided by RNS
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