RNS Number:5955T
Royal London Growth & Inc Trust PLC
23 December 2003

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

 As at close of business on 19 December 2003, the Net Asset Value per class of
share of the Company was:

 Undiluted NAV per Geared Ordinary Share = 40.14 pence

NAV per #1 of 9% Convertible Unsecured Loan Stock 2020 = 99.79 pence

NAV per Geared Unit = 180.07 pence



23 DECEMBER 2003







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