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Cancellation of Listing

9th Nov 2005 16:57

Britannic Global Income Trust PLC09 November 2005 For immediate release 9 November 2005 Britannic Global Income Trust plc ("the Company") Cancellation of Listing on the Official List The Company announced on 11 October 2005 that the scheme of arrangement undersection 425 of the Companies Act 1985 ("the Scheme"), initially announced on 31August 2005, had become effective in accordance with its terms. Payments due tothe holders of ordinary shares under the Scheme have been received from SecondTerrace Hill Investing Limited and Second Park Circus Investing Limited(together the "Purchasers" and as defined in the Scheme). The Purchasers now own 100% of the issued share capital of the Company. Consequently, the Board has applied to the UK Listing Authority for the listingof its ordinary shares on the Official List to be cancelled and it is expectedthat cancellation will be with effect from 8.00 am on Friday 11 November 2005. For further information please contact: Ross Macdonald, Executive Director Tel: 0141 332 2014 This information is provided by RNS The company news service from the London Stock Exchange

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