RNS Number:8033P
Private Investors Capital Trust PLC
16 September 2003





PRIVATE INVESTORS CAPITAL TRUST PLC

Adam & Company Investment Management Limited, the managers of Private Investors
Capital Trust (PICT) announce that the unaudited Net Asset Value of PICT
ordinary shares as at 12th September 2003 was 324.20p. This assumes conversion
of the Convertible Bonds and does not include any income retention for the year
to-date.




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

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