Blocklisting Interim Review

Glasgow Income Trust PLC
27 July 2007

                                   SCHEDULE 5

                        BLOCKLISTING SIX MONTHLY RETURN




1. Name of company  GLASGOW INCOME TRUST PLC



2. Name of scheme   BLOCKLISTING



3. Period of return:     From  17 JANUARY 2007     to  16 JULY 2007



4. Number and class of shares(s)
   (amount of stock/debt security)
   not issued under scheme          824,080




5. Number of shares issued/allotted
   under scheme during period       50,178



6. Balance under scheme not yet issued/allotted
   at end of period                 773,902



7. Number and class of share(s)
   (amount of stock/debt securities)
   originally listed and the date of admission  2,850,000 - 16 July 2004


Please confirm total number of shares in issue at the end of the period
in order for us to update our records     121,942,517

Contact for queries:                Address:

Name: GRAEME MCDONALD               SUTHERLAND HOUSE, 149 ST VINCENT ST, GLASGOW

Telephone: [phone]






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