RNS Number:9566O
Royal London Growth & Inc Trust PLC
22 August 2003

Royal London Growth & Income Trust plc ("the Company")



Purchase of own securities

The Board of Royal London Growth & Income Trust plc announces that on 21 August
2003 it made a market purchase of 65,000 geared ordinary shares of one penny
each in the capital of the Company (SEDOL No.0213154), representing 0.061% of
the current issued geared ordinary share capital of the Company, for
cancellation at a price of 26 pence per geared ordinary share.

Following cancellation, 107,231,107 geared ordinary shares in the Company will
remain in issue.


In addition, the Board of Royal London Growth & Income Trust plc announces that
on 21 August 2003 it made a market purchase of 430,000 9% Convertible Unsecured
Loan Stock ("CULS") in the capital of the Company (SEDOL No.0213187),
representing 0.79% of the current issued CULS in the Company, for cancellation
at a price of 104.5 pence per CUL.

 Following cancellation, 54,123,337 CULS in the Company will remain in issue.







BNP Paribas Secretarial Services Limited

Secretary

22 AUGUST 2003






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