RNS Number:5616P
Private Investors Capital Trust PLC
09 September 2003





PRIVATE INVESTORS CAPITAL TRUST PLC

Adam & Company Investment Management Limited, the managers of Private Investors
Capital Trust (PICT) announce that the unaudited Net Asset Value of PICT
ordinary shares as at 5th September 2003 was 328.28p. This assumes conversion
of the Convertible Bonds and does not include any income retention for the year
to-date.




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            The company news service from the London Stock Exchange

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