RNS Number:0624U
Blue Chip Value & Income Fund Ld
09 January 2004

Blue Chip Value and Income Fund Limited (the "Company")

As a result of the scrip dividend issue on 9 January 2004, a director received
the following Ordinary Shares of 12.5p each and declares his interest in the
issued share capital of the Company as follows:-


                                             Scrip shares      Total holding
                                             Received

Shane Le Prevost                             3,533             77,743




Date Company informed 9 January 2004


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