Re: Annual Report

Abbey National Dublin Inv. IV
01 April 2003

Abbey National Dublin Investment Fund IV plc



1st April 2003



Re: Directors' Report and Audited Financial Statements

      For the year ended 31 October 2002


Tara O'Grady                                         NCB Stockbrokers
TELEPHONE                                            [phone]



A COPY OF THE ABOVE ANNOUNCEMENT IS AVAILABLE FOR INSPECTION FROM THE COMPANY
ANNOUNCEMENTS OFFICE, THE IRISH STOCK EXCHANGE, 28 ANGLESEA STREET, DUBLIN 2.









This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.








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