Blocklisting Interim Review

Glasgow Income Trust PLC
3 April 2000

                    BLOCKLISTING SIX MONTHLY REVIEW


1. NAME OF COMPANY:

GLASGOW INCOME TRUST PLC

2. NAME OF SCHEME:

THE GLASGOW PEP

3. PERIOD OF RETURN:     FROM: 1 OCTOBER 99   TO: 31 MARCH 00



4. NUMBER AND CLASS OF SHARES(S)
   (AMOUNT OF STOCK/DEBT SECURITY)
   NOT ISSUED UNDER SCHEME
   AT END OF THE LAST PERIOD:     139,887 ORDINARY 25P



5. NUMBER OF SHARES ISSUED/ALLOTTED
   UNDER SCHEME DURING PERIOD:          NIL



6. BALANCE UNDER SCHEME NOT YET ISSUED/ALLOTTED 
   AT END OF PERIOD:                    139,887



7. NUMBER AND CLASS OF SHARE(S) 
   (AMOUNT OF STOCK/DEBT SECURITIES) 
   ORIGINALLY LISTED AND THE DATE OF ADMISSION: 185,000 ORDINARY 25P
                                                26 APRIL 1994  


PLEASE CONFIRM TOTAL NUMBER OF SHARES IN ISSUE AT THE END OF THE PERIOD
IN ORDER FOR US TO UPDATE OUR RECORDS.
                                                31,042,192
CONTACT FOR QUERIES

NAME:               F.A. McLEAN

TELEPHONE:          [phone]

               

               BLOCKLISTING SIX MONTHLY REVIEW


1. NAME OF COMPANY:

GLASGOW INCOME TRUST PLC

2. NAME OF SCHEME:

GIM TRUSTPLAN

3. PERIOD OF RETURN:     FROM: 1 OCTOBER 99   TO:  31 MARCH 00



4. NUMBER AND CLASS OF SHARES(S)
   (AMOUNT OF STOCK/DEBT SECURITY)
   NOT ISSUED UNDER SCHEME
   AT END OF THE LAST PERIOD:            122,828 ORDINARY 25P



5. NUMBER OF SHARES ISSUED/ALLOTTED
   UNDER SCHEME DURING PERIOD:                NIL



6. BALANCE UNDER SCHEME NOT YET ISSUED/ALLOTTED 
   AT END OF PERIOD:                            122,828



7. NUMBER AND CLASS OF SHARE(S) 
   (AMOUNT OF STOCK/DEBT SECURITIES) 
   ORIGINALLY LISTED AND THE DATE OF ADMISSION:    185,000 ORDINARY 25P
                                                   27 JANUARY 1994


PLEASE CONFIRM TOTAL NUMBER OF SHARES IN ISSUE AT THE END OF THE PERIOD
IN ORDER FOR US TO UPDATE OUR RECORDS.
                                                    31,042,192
CONTACT FOR QUERIES

NAME:         F.A. McLEAN

TELEPHONE:    [phone]