RNS Number:7740H
Framlington Income&Capital Tst PLC
20 February 2003

The following Net Asset Values (NAVs) for Framlington Income & Capital Trust PLC
are released by Framlington Investment Management Limited as 19 February 2003.

Share                                                  NAV per share pence
Capital NAV (AITC basis)                               85.57
Income NAV                                             31.77




Total Fund Value (inc. revenue)                        #66,835,294




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