Dividend Declaration

Glasgow Income Trust PLC
05 October 2006


News Release


5 October 2006


GLASGOW INCOME TRUST PLC


The Board of Glasgow Income Trust plc has declared a fourth interim dividend of
1.81p per share (2005 - 1.76p per share) in respect of the year to 30 September
2006 payable on 31 October 2006 to shareholders on the register at close of
business on 13 October 2006.


In total this brings the dividends paid and proposed for the financial year to
30 September 2006 to 5.05p (2005 - 4.85p) an increase of 4.1%. Based on the
closing share price at 30 September 2006 the yield on the Company's shares is
5.2%.



Glasgow Income Trust plc is managed by Glasgow Investment Managers Limited.




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