RNS No 9188m
GUINNESS FLIGHT GEARED INCOME & GROWTH TRUST PLC
5 July 1999


The company announces the following unaudited data relating to its portfolio
of investments as at 30 June 1999:

Total Assets                                               #65,607,181
Total Bank debt                                            #18,150,000
Net assets                                                 #47,457,181
NAV per Zero Dividend preference share                     105.45 pence 
NAV (excluding income) per Income share                    100.00 pence 
NAV (excluding income) per Geared ordinary share           170.79 pence 

END


MSCUBUGGMBGBGWA


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