RNS Number:3621J
Framlington Income&Capital Tst PLC
28 March 2003

The following Net Asset Values (NAVs) for Framlington Income & Capital Trust PLC
are released by Framlington Investment Management Limited as 27 March 2003.

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

                                       
Total Fund Value (inc. revenue)         #67,022,380




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

NAVBUGDXCBDGGXI