RNS Number:8278H
Framlington Income&Capital Tst PLC
21 February 2003

The following Net Asset Values (NAVs) for Framlington Income & Capital Trust PLC
are released by Framlington Investment Management Limited as 20 February 2003.

Share                                                       NAV per share pence

Capital NAV (AITC basis)                                                  86.56

Income NAV                                                                31.77

Total Fund Value (inc. revenue)                                      67,081,638




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