RNS Number:6196J
Property Income & Growth Fund Ld
03 April 2003


Property Income & Growth Fund Limited and BC Property Securities Limited

Document regarding a recommended offer by Teather & Greenwood on behalf of
Land Race Limited for all of the issued ordinary shares of Property Income
& Growth Fund Limited including a notice convening an extraordinary general
meeting of Property Income & Growth Fund Limited.

Document regarding recommended proposals for the repurchase of ZDP Shares,
reduction of share premium account and amendment to articles of association
of Property Income & Growth Fund Limited including a notice convening a
separate class meeting of ZDP Shareholders.

A copy of the above documents have been submitted to the UK Listing
Authority, and will shortly be available for inspection at the UK Listing
Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. no. (0)20 7676 1000

3 April 2003

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

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