RNS Number:6602R
Progressive Geared Income Trust PLC
04 November 2003


Progressive Geared Income Trust plc announces that its unaudited net asset value
as at 31 October 2003 was #6.797 million, representing 15.11p per ordinary
share.

Visit our website at http://www.pro-asset.com/













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

END
NAVZGMGMDDLGFZM