RNS Number:7778Q
Private Investors Capital Trust PLC
10 October 2003


The Board of Private Investors Capaital Trust plc ("PICT") announces that, in
anticipation of changes to the Listing Rules which come into force on 1st
November 2003, it is a stated investment policy of PICT not to invest more than
15% of its gross assets in other listed investment companies (including
investment trusts)






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