Blocklisting Interim Review

Glasgow Income Trust PLC
05 August 2005


                                   SCHEDULE 5

                        BLOCKLISTING SIX MONTHLY RETURN


1. Name of company        GLASGOW INCOME TRUST PLC


2. Name of scheme         BLOCKLISTING


3. Period of return:      From 17 JANUARY 2005    to 16 JULY 2005


4. Number and class of shares(s)
(amount of stock/debt security)
not issued under scheme                          2,137,446

5. Number of shares issued/allotted
under scheme during period                       870,985


6. Balance under scheme not yet issued/allotted
at end of period                                 1,266,461


7. Number and class of share(s)
(amount of stock/debt securities)
originally listed and the date of admission      2,850,000 - 16 July 2004

Please confirm total number of shares in issue at the end of the period
in order for us to update our records            78,707,565

Contact for queries:                Address:

Name: GRAEME MCDONALD               SUTHERLAND HOUSE, 149 ST VINCENT ST, GLASGOW

Telephone: [phone]






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