GFG Greatfleet

RNS No 4589r
GUINNESS FLIGHT GEARED INCOME AND GROWTH TRUST PLC
24 August 1999


The company announces the following unaudited data relating to its portfolio
of investments as at 20 August 1999:

TOTAL ASSETS                              #64,790,334
TOTAL BANK DEBT                           #18,150,000
NET ASSETS                                #46,640,334

NAV PER ZERO DIVIDEND PREFERENCE SHARE         106.65p
NAV (EX INCOME) PER INCOME SHARE               100.00p
NAV (EX INCOME) PER GEARED ORDINARY SHARE      154.30p

END

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