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Repayment of Bank Debt

5th Sep 2005 15:00

Britannic Global Income Trust PLC05 September 2005 BRITANNIC GLOBAL INCOME TRUST PLC 5 September 2005 Announcement begins The Company announces that it has today repaid the remaining £5,000,000 of thebank loan with Bank of Scotland (''the Bank'') together with associated accruedinterest and breakage costs of £245,099.71. The breakage costs comprised;- SWAP break - £181,233LIBOR - £790 The accrued Interest amounted to £63,076.71 Following this repayment, the Company now has no bank debt. Enquiries Britannic Asset Management Press Office0141 222 8225/6 Announcement ends This information is provided by RNS The company news service from the London Stock Exchange

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