RNS Number:7072S
Progressive Geared Income Trust PLC
01 December 2003


Progressive Geared Income Trust plc

01 December 2003

In accordance with our obligations under Listing Rule 21.20(l)(i), Progressive
Geared Income Trust plc announces that as at the close of business on 30th
November 2003, 3.7% of its gross assets was invested in other listed investment
companies (including listed investment trusts) which themselves did not have
stated investment policies to invest no more than 15% of their gross assets in
other listed investment companies (including listed investment trusts). A list
of these is given below.


BFS Managed Property Limited 3.7%
(no investment policy statement)


Visit our website at http://www.pro-asset.com


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

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