RNS Number:9967N
Govett European Tech & Inc Tst PLC
25 July 2003

The Board of Govett European Technology and Income Trust PLC announces that, in
view of the on-going discussions with major shareholders in relation to
formulating proposals for a winding up of the Company that can command the
necessary level of support from all classes of Shareholders, and in order to
avoid incurring unnecessary audit costs the Board has resolved to extend the
Company's accounting period from 31 March 2003 to 30 September 2003. As a result
of this change, if winding up proposals have not then been approved, the Company
expects to release unaudited second interim results in respect of the period
ending 31 August 2003 within 90 days of that date.


25 July 2003


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

NAREAKXSALXDEFE