RNS Number:9823N
Britannic Global Income Trust PLC
25 July 2003





                      BRITANNIC GLOBAL INCOME TRUST PLC

                CONTACT : MARIE ROSS (TEL NO: 0141 - 222 - 8288)

                                  25 July 2003

Announcement begins

Britannic Global Income Trust PLC announces that it received notification on
25 July 2003 that on 17 July 2003 BC Asset Management Limited made an off market
sale of 1,200,000 Ordinary Shares in the Company on behalf of their US Growth &
Income Fund.

This transaction leaves the following trusts holdings as:

Yeoman Investment Trust PLC         -        1,620,000
US Income & Growth Fund             -                0
BC Income and Growth Fund           -        3,372,000


Which represents a holding of 7.01% of the issued ordinary share capital.


Announcement ends




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