Submission of section 272 acc

Glasgow Income Trust PLC
20 October 2004


                            Glasgow Income Trust plc

           Notification of Submission of Accounts to Companies House

Glasgow Income Trust plc hereby gives notice that accounts for the year to 30
September 2004, prepared in accordance with Section 272 of the Companies Act
1985, have been submitted to:


The Registrar of Companies
Companies House
37 Castle Terrace
Edinburgh
EH1 2EB

These accounts have been submitted in connection with the fourth interim
dividend in respect of the year to 30 September 2004, announced on 5 October
2004 and due to be paid on 29 October 2004.

Glasgow Income Trust plc is managed by Glasgow Investment Managers Limited.




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