RNS Number:1609N
M&G High Income Inv Tst PLC
03 July 2003



                      3 July 2003

               M&G High Income Investment Trust Limited

The following replaces the Net Asset Value Announcement released today at 16:05
under RNS 1467N. The net asset value of the Company and of the Income Shares
Income & Growth Units and Package units were incorrectly stated.  The full 
correct values appear below.


The Board of M&G High Income Investment Trust Limited announce that the
net asset value at 12:00 noon today was #55.6 million.

Income Shares                                                    68.12p

Capital Shares                                                    0.00p

Zero Dividend Preference Shares                                  35.27p

Income & Growth Units                                            68.12p

Package Units                                                   103.39p






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

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