RNS Number:2596O
Private Investors Capital Trust PLC
01 August 2003





PRIVATE INVESTORS CAPITAL TRUST PLC

Adam & Company Investment Management Limited, the managers of Private Investors
Capital Trust (PICT) announce that the unaudited Net Asset Value of PICT
ordinary shares as at 31st July 2003 was 311.18p. This assumes conversion of the
Convertible Bonds and does not include any income retention for the year
to-date.




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

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