RNS Number:9917N
M&G Income Investment Company Ltd
25 July 2003


The Board wish to announce that the net asset value of the Company at 12.00pm on
the 25th July 2003 was #159.4 million

Zero dividend Shares                 =     38.22                Pence

Ordinary Shares                      =     23.77xd              pence

Package units                        =     85.76xd              pence



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

END
NAVBLGDRXDDGGXU