RNS Number:4829S
Royal London Growth & Inc Trust PLC
25 November 2003

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

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

 Undiluted NAV per Geared Ordinary Share = 37.61 pence

NAV per #1 of 9% Convertible Unsecured Loan Stock 2020 = 99.78 pence

NAV per Geared Unit = 175.00 pence



25 NOVEMBER 2003







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