Result of EGM

Govett Asian Recovery Trust PLC
22 December 2003

Govett Asian Recovery Trust plc ('GART' or the 'Company')



22 December 2003



Announcement of results of EGM



At an Extraordinary General Meeting of the Company held today, resolutions were
proposed to approve the change of investment objective of the Company, to change
the Company's name, to approve the new management agreements with Gartmore
Investment Limited, to sanction the Tender Offer and Matching Facility, and to
alter the Articles of Association concerning the continuation vote for the
Company.  Each of these resolutions was duly passed at the Extraordinary General
Meeting.



The Repurchase Price and Basic Entitlement (as defined in the circular to
shareholders dated 28 November 2003) are expected to be announced on 23 December
2003.



Enquiries:



David Price
Chairman
020 7628 8000



Angus Gordon Lennox
Cazenove & Co. Ltd

020 7588 2828



END.



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