Purchase of Own Securities

Finsbury Growth Trust PLC
10 December 1999



REPURCHASE OF ORDINARY SHARES

The Board of Finsbury Growth Trust PLC announces that on 10 December 1999, the
Company repurchased for cancellation 50,000 of the Company's ordinary shares of
25p, representing 0.11% of the issued ordinary share capital, at a price of
182.7p per share.

Following this repurchase, the Company has 45,450,000 ordinary shares in issue.
The Company has to date repurchased 550,000 ordinary shares, representing 1.21%
of the issued ordinary share capital.

For Further Information, please contact:  

Mark Mathias
Apax Finsbury Investment Management Limited
0207 426-6240