RNS Number:8772S
Blue Chip Value & Income Fund Ld
04 December 2003

The directors of Blue Chip Value and Income Fund Limited today announce that the
Net Asset Value per Ordinary Share as at 30 November 2003 based on mid market
prices was 13.28 pence and 123.32 pence per Zero Dividend Preference Share.



The Net asset Value per Ordinary Share includes estimated loan breakage costs on
#3.5million equivalent to 0.13p per share.



Enquiries to: Collins Stewart Fund Management Limited

                  No 1 Le Truchot

                  St Peter Port

                  Guernsey

                  GY1 4AE




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