RNS Number:1663R
Royal London Growth & Inc Trust PLC
22 October 2003

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

 As at close of business on 17 October 2003, the Net Asset Value per class of
share of the Company was:

 Undiluted NAV per Geared Ordinary Share = 38.67 pence

NAV per #1 of 9% Convertible Unsecured Loan Stock 2020 = 99.77 pence

NAV per Geared Unit = 177.11 pence



22 October 2003







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