RNS Number:1903J
Framlington Income&Capital Tst PLC
25 March 2003

The following Net Asset Values (NAVs) for Framlington Income & Capital Trust PLC
are released by Framlington Investment Management Limited as 24 March 2003.

Share                                                       NAV per share pence

Capital NAV (AITC basis)                                                  86.04
Income NAV                                                                31.77

Total Fund Value (inc. revenue)                                     #67,137,359




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