RNS Number:4385J
Framlington Income&Capital Tst PLC
31 March 2003

The following Net Asset Values (NAVs) for Framlington Income & Capital Trust PLC
are released by Framlington Investment Management Limited as 28 March 2003.

Share                                    NAV per share pence
Capital NAV (AITC basis)                               84.76
Income NAV                                             31.77




Total Fund Value (inc. revenue)                  #66,820,289




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