Net Asset Value(s)

RNS Number:3361O
Royal London UK Eqty&Income Tst PLC
05 August 2003

ROYAL LONDON UK EQUITY & INCOME TRUST PLC (the "Company")

As at close of business on 1 August 2003, the Net Asset Value ("NAV") per share
class of

the Company was:



NAV per Ordinary Share = 3.24 pence

NAV per Annuity Share = 79.58 pence*

*Includes accrued dividends of 4.585 pence in respect of the year ended 31
August 2002



ROYAL LONDON UK EQUITY & INCOME SECURITIES PLC (the "Subsidiary")

As at close of business on 1 August 2003, the Net Asset Value per ZDP share

of the Subsidiary, a wholly owned subsidiary of the Company, was:



ZDP share of the Subsidiary = 117.06 pence.



5 August 2003



                                    - END -








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

NAVUUUQARUPWGUA