RNS Number:7946J
Framlington Global Fin & Inc Fd Ld
08 April 2003



Framlington Global Financial & Income Fund Limited (the "Company")


Partial repayment of Bank Debt


The company has today repaid a further #1 million of its loan facility with Bank
of Scotland, reducing the principal amount outstanding to #2 million. Swap
breakage costs of #76,280 have been incurred.

The company remains in compliance with the financial covenants given under the
loan facility agreement.


Enquiries:

Paul Branigan                                                      020 7374 4100

Framlington Investment Management Limited

8 April 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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