Listing Rule 21.20 (l) (i)

RNS Number:7958T                                                       
Britannic UK Income Trust PLC
02 January 2004

Britannic UK Income Trust plc
02 January 2004

In accordance with UKLA Listing Rule 21.20l (1), the Company announces that as
at the close of business on 31 December 2003, it held a total of  3.27% of its
gross assets in the following listed investment companies, which themselves do
not have stated investment policies to invest no more than 15% of their gross
assets in other listed investment companies:


                                            Holding              Value   % of Gross  
                                                                             Assets 

BFS Managed Properties                    5,000,000            850,000         0.67 
Blue Chip Value and Income               10,000,612          1,050,064         0.83 
Edinburgh Leveraged Income                1,625,000             10,238         0.01 
Exeter Financial                          6,000,000          1,980,000         1.57 
Exeter Smaller Companies Income           3,909,090             13,682         0.01 
Framlington Global & Financial            4,150,000             10,375         0.01 
Gartmore Distribution Trust               6,006,000              6,006         0.00 
Govett High Income                        1,100,000             27,500         0.02 
Investment Trust of Investment Trusts     1,400,000              6,300         0.00 
Morley Absolute Growth                      990,000            158,400         0.13 
New Star (Dead) Enhanced                  4,810,000             24,050         0.02 
Leggmason Investors I&G                   7,500,000          Suspended         0.00 
BC Income & Growth                        1,800,000          Suspended         0.00 
CI Income Fund                            2,688,000          Suspended         0.00 
Leggmason Income and Growth                 500,000          Suspended         0.00 
Leggmason Investors American              1,897,700          Suspended         0.00 
Asset      


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