RNS Number:6280L
Royal London Growth & Inc Trust PLC
28 May 2003



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

As at close of business on 23 May 2003, the Net Asset Value per share of the
Company was

Undiluted NAV per Geared Ordinary Share = 34.61 pence

NAV per #1 of 9% Convertible Unsecured Loan Stock 2020 = 99.73 pence

NAV per Geared Unit = 168.95 pence



28 MAY 2003







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