RNS Number:4499K
US Growth & Income Fund Ld
28 April 2003

US Growth & Income Fund Limited

The Company announces that today it has repaid #82,000 of its loan facility
to the Bank of Scotland. There were no further costs incurred in reducing
the debt. The Company now has outstanding debt of #418,000.

Enquiries

David Bruce
BC Asset Management

01202 305 900





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