RNS Number:0420L
Royal London Growth & Inc Trust PLC
13 May 2003



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

As at close of business on 9 May 2003, the Net Asset Value per share of the
Company was

Undiluted NAV per Geared Ordinary Share = 33.58 pence

NAV per #1 of 9% Convertible Unsecured Loan Stock 2020 = 99.72 pence

NAV per Geared Unit = 166.88 pence



13 MAY 2003







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