RNS Number:4135S
Private Investors Capital Trust PLC
24 November 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 21st November 2003 was 314.96p. 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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