SAR - Blue Planet Financials Growth & Incom...

FORM SAR 3

                                                             Date of disclosure: 14/09/04

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")

Date of acquisition: 13/09/04

Acquisition in: Blue Planet Financials Growth & Income Investment Trust Plc Units
               (Comprising 1 Ord. Share in each No.1 - No.10)

(1)
Class of voting shares               Number of                   If rights over shares
(eg ordinary shares)                 shares/rights over          acquired, as opposed to
                                     shares acquired             the shares themselves,
                                                                 specify nature of rights

Ordinary 50p shares                  5,000 shares                N/A
                                     N/A  rights

(2)
Resultant total holding of           Resultant total holding     Total percentage
voting shares (and % of              of rights over shares
of total voting shares               (and % total voting
in issue)                            shares in issue)


310,965 (23.01%)                     N/A                         23.01%


(3)
Party making disclosure: Blue Planet Investments Ltd

(4)
(a)  Name of person acquiring shares or rights over shares: Blue Planet Investments Ltd

     and, if different, beneficial owner: Mr Kenneth C Murray
                                          (the owner of Blue Planet Investments Ltd.)

(b)  Names of any other persons acting by agreement or understanding (see SAR 5):
                                          Blue Planet Investments Ltd


For and on behalf of the party named in (3) above:

Mr Kenneth C Murray

Telephone and extension number 0131 466 6666


Note.   Under SAR 5, the holdings of and acquisitions by persons acting by agreement or understanding must be aggregated
and treated as a holding of or acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate holdings
to disclose certain disposals.


For full details of the SARs disclosure requirements, see Rules 3 and 5 of the SARs. If in doubt, contact the Panel on
Takeovers and Mergers, Monitoring Section, Tel. No: 020 7638 0129.
E-mail: [e-mail]