RNS Number:5682P
Royal London Growth & Inc Trust PLC
09 September 2003



                     Royal London Growth & Income Trust plc

                                (the "Company")



Notification of Director's dealings in shares and securities



The issuer advises that the following replaces the notification of directors
dealing announcement released erroneously on 22 August 2003 at 10:08 under 
RNS Number 9587O. Due to an administrative error, the resulting 9% Convertible 
Unsecured Loan Stock 2020 ("CULS") for Richard Balding was incorrect. 

The correct resulting share capital after his dealing as at 22 August 2003 was 
in fact 10,957,000 CULS resulting in a percentage total of the issued share 
capital of 20.24% rather than 10,977,000 CULS resulting in a percentage total of 
the issued share capital of 20.28% as previously stated.


All other details remain the same and the full corrected version is shown below:

The Company has today been notified that on 21 August 2003 Richard Balding,
a Director of the Company, sold 450,000 units of 9% Convertible Unsecured Loan
Stock 2020 ("CULS") (being 0.83% of the number of CULS currently in issue) at a 
price of 104.5p each.


Following the above transactions, Mr Balding continues to have the following
interests in the capital of the Company:


                                Beneficial Interests                    Non-beneficial Interests
Class of security     No. of securities    % of total issued    No. of securities    % of total issued
                                           class of security                         class of security
Geared Ordinary       26,504,507           24.72%               -                    -
Shares of one penny

9% Convertible        10,957,000           20.24%               1,181,161            2.18%
Unsecured Loan Stock
2020

9 SEPTEMBER 2003


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