Re Loan Facility

Dunedin Income Growth Inv Tst PLC 27 March 2001 27 March 2001 DUNEDIN INCOME GROWTH INVESTMENT TRUST PLC (DIGIT) TAKE ADVANTAGE OF LONG TERM ATTRACTIONS THROUGH A LOAN FACILITY OF £40 MILLION The board of DIGIT announces that it is has increased the gearing of the company through a loan facility of up to £40 million to take advantage of current low UK interest rates and the long term attractions of the UK stockmarket. DIGIT currently has debenture stocks of £70 million and the additional borrowing will provide DIGIT with maximum gearing of up to £110 million. The £40 million loan facility is available on a 364 day rate and is renewable on a yearly basis. Approximately one third of the facility was invested in the market on 26 March 2001 and the remainder will be invested in UK equities as opportunities arise. DIGIT's accounting policy for the interest costs of borrowings allocate these expenses on the basis of 70% to capital and 30% to revenue. The proportion of the interest cost on the new loan facility allocated to revenue will be offset by income from investments and, as a result, the additional borrowings should have no impact on DIGIT's ability to continue to grow its income. Ends For further information, please contact Ewan Brown 0131 226 7011 Chairman, Dunedin Income Growth Investment Trust PLC Mike Balfour, 0131 313 1000 Chief Investment Officer, Edinburgh Fund Managers plc
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