RNS Number:9574H
Royal London Growth & Inc Trust PLC
25 February 2003



 ROYAL LONDON GROWTH & INCOME TRUST PLC (the "Company")

As at close of business on 21 February 2003, the Net Asset Value per share of
the Company was

Undiluted NAV per Geared Ordinary Share = 30.83 pence

NAV per #1 of 9% Convertible Unsecured Loan Stock 2020 = 99.71 pence

NAV per Geared Unit = 161.37 pence



25 FEBRUARY 2003







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