RNS Number:5544U
Allianz Dresdner Income Gwth IT PLC
22 January 2004

Note:  This announcement replaces the one previously released incorrectly as a
Net Asset Value on 22 January 2004 at 17.12



                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

Allianz Dresdner Income Growth Investment Trust plc

2) Name of director

A D Malpas

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

A D Malpas and Mrs J Malpas (spouse)

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

Cogent Nominees A/C PEP

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

As 3 above

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Purchase via reinvestment of income in a non-discretionary general PEP

7) Number of shares/amount of stock acquired

Director: 576     Spouse: 580

8) Percentage of issued class

-


9) Number of shares/amount
of stock disposed

-

10) Percentage of issued class

-

11) Class of security

Ordinary 5p shares

12) Price per share

39p

13) Date of transaction

19th January 2004


14) Date company informed

21st January 2004


15) Total holding following this notification

42,376 ordinary shares and 23,751 zero dividend preference shares (unchanged)

16) Total percentage holding of issued class following this notification

0.13% (ordinary) and 0.10% (ZDP)

If a director has been granted options by the company please complete the
following boxes

17) Date of grant

-
18) Period during which or date on which exercisable

-
19) Total amount paid (if any) for grant of the option

-
20) Description of shares or debentures involved: class, number

-
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise

-
22) Total number of shares or debentures over which options held
following this notification

-
23) Any additional information

-

24) Name of contact and telephone number for queries


Kirsten Salt 020 7065 1513


25) Name and signature of authorised company official responsible for
making this notification

Kirsten Salt

Date of Notification 22nd January 2004


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

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