RNS Number:1455I
Framlington Income&Capital Tst PLC
28 February 2003

The following Net Asset Values (NAVs) for Framlington Income & Capital Trust PLC
are released by Framlington Investment Management Limited as 27 February 2003.

Share                                                      NAV per share pence
Capital NAV (AITC basis)                                                 80.04
Income NAV                                                               31.77


Total Fund Value (inc. revenue)                                     65,462,915




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