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Gartmore Fldg Trust (MIOT)

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Thursday 23 December, 2010

Gartmore Fldg Trust

Transaction in Own Shares

Gartmore Fledgling Trust plc

Transaction in Own Securities

Gartmore Fledgling Trust plc announces that it has today purchased for
cancellation 50,000 Ordinary 25p shares at a price of 456.14 pence per share.

The purchase represents 0.29% of the Ordinary shares in issue and is the first
purchase of Ordinary shares pursuant to a general authority granted by
shareholders at the Company's Annual General Meeting held on 1 December 2010.

The purchase and cancellation will reduce the number of Ordinary shares in
issue to 17,119,080. The Company holds no shares in Treasury.

Total Voting Rights

As a consequence of the purchase and cancellation, the Company's issued share
capital comprises 17,119,080 Ordinary shares of 25p each, with each Ordinary
share carrying the right to one vote.

The figure of 17,119,080 should be used by shareholders and others with
notification obligations as the denominator for their calculations by which
they will determine if they are required to notify their interest in, or a
change to their interest in, the Company under the Disclosure and Transparency

Gartmore Investment Limited

Company Secretary

23 December 2010