Net Asset Value(s)-Replace

RNS Number:8589W
Royal London UK Eqty&Income Tst PLC
23 March 2004


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

The issuer advises that the following replaces the Net Asset Value released on
23 March 2004 at 15:32 under RNS Number 8457W. Due to an administrative error, 
the Net Asset Value ("NAV") was attributed to Royal London Growth & Income 
Trust plc, rather than Royal London UK Equity & Income Trust plc.

All other details remain the same and the full corrected versionis shown below

As at close of business on 19 March 2004, the Net Asset Value ("NAV") per share
class of the Company was as follows:

NAV per Ordinary Share = 7.42 pence

NAV per Annuity Share = 88.09 pence*

*Includes accrued dividends of 13.085 pence in respect of the year ended 31
August 2003



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


As at close of business on 19 March 2004, the Net Asset Value per ZDP share
of the Subsidiary, a wholly owned subsidiary of the Company, was:


ZDP share of the Subsidiary = 123.44 pence.



23 MARCH 2004










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

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