The following Net Asset Values (NAVs) for Framlington Income & Capital Trust
PLC are released by AXA Framlington Investment Management Limited as at 30
October 2007.

Capital NAV                                                                
                                                                           
at Mid valuation - Prior charges at par                             286.66p
                                                                           
at Bid valuation - Prior charges at par                             285.99p
                                                                           
Income NAV                                                                 
                                                                           
at Mid valuation - Prior charges at par                              30.61p
                                                                           
at Bid valuation - Prior charges at par                              30.61p
                                                                           
Total Fund Value (at Mid valuation inc.                        �116,784,618
revenue)                                                                   



END



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