Net Asset Value(s)

Shires Income PLC
18 October 2006


Shires Income plc



The Net Asset Value of Shires Income plc as at close of business on 17 October
2006 was 308.2p.


This NAV has been prepared on the basis of guidance issued by the Association of
Investment Trust Companies (AITC). It includes the net income after expenses and
a pro-rata accrual for dividends payable for the six months to 30 September 
2006.  The AITC recommends Investments be valued at bid price.


Shires Income plc, an investment trust, is managed by Glasgow Investment
Managers Limited.



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