Resignation of a Director

Gartmore Distribution Trust PLC
GDT Securities PLC


Director’s Resignation


Due to major health problems, Mr Brian Roger Adams has resigned, with immediate effect, as a Director of the following companies:

                        Gartmore Distribution Trust PLC,
                        GDT Securities PLC,
                        GMIT Subsidiary Limited, and
                        GSET Dealing Limited.



Date:                   21st August 2002
Contact:                Vee Montebello
                        020 7782 2000