RNS Number:3733M
Albany Investment Trust PLC
16 June 2003

Albany Investment Trust plc (the "Company")


The Board is currently considering options available to it with a view to
narrowing the discount to net asset value at which the company's shares trade in
the market. Amongst the options, the Board is considering unitisation. The
company will make a further announcement in due course.


Enquiries:

HSBC Bank plc
Jonathan Maxwell                                      020 7991 5102



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