RNS Number:9266N
Progressive Geared Income Trust PLC
24 July 2003


Final dividend for the year ended 30 June 2003
Rate: 0.3p per ordinary share
Ex-dividend date: 6 August 2003
Record date: 8 August 2003

The Board of Progressive Geared Income Trust plc announces that it recommends a
final dividend of 0.3p per ordinary share in respect of the year ended 30 June
2003.  The proposed ex-dividend date is 6 August 2003 and the proposed record
date is 8 August 2003.  Payment will be subject to approval at the Annual
General Meeting of the Company.



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