Net Asset Value(s)

RNS Number:6528Q
Royal London UK Eqty&Income Tst PLC
08 October 2003

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

As at close of business on 3 October 2003, the Net Asset Value ("NAV") per share
class of

the Company was:



NAV per Ordinary Share = 4.96 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 3 October 2003, the Net Asset Value per ZDP share

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



ZDP share of the Subsidiary = 118.77 pence.



8 October 2003



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