RNS Number:3540O
Progressive Geared Income Trust PLC
05 August 2003


Progressive Geared Income Trust plc announces that its unaudited net asset value
as at 1 August 2003 was #6.600 million, representing 14.67p per ordinary
share.

Visit our website at http://www.pro-asset.com/













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

END
NAVZGGGRKKKGFZM