GFG Greatfleet

RNS No 6845c
GUINNESS FLIGHT GEARED INCOME & GROWTH TRUST PLC
20 July 1999


The company announces the following unaudited data relating to its portfolio
of investments as at 16 July 1999:

TOTAL ASSETS                              #67,280,209
TOTAL BANK DEBT                           #18,150,000
NET ASSETS                                #49,130,209

NAV PER ZERO DIVIDEND PREFRENCE SHARE          105.82p
NAV (EX INCOME) PER INCOME SHARE               100.00p
NAV (EX INCOME) PER GEARED ORDINARY SHARE      197.51p


END

MSCALLFFDEIIFAA

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