RNS Number:2170S
Royal London Growth & Inc Trust PLC
18 November 2003

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

 As at close of business on 14 November 2003, the Net Asset Value per class of
share of the Company was:

 Undiluted NAV per Geared Ordinary Share = 39.15 pence

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

NAV per Geared Unit = 178.08 pence



18 NOVEMBER 2003







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