Director Shareholding

Govett Strategic Trust plc
10 June 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


    1)Name of company

    Govett Strategic Trust plc

    2) Name of director

    Sir John Riddell,Bt

    3) Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder if it is a
    holding of that person's spouse or children under the age of 18 or in
    respect of a non-beneficial interest

    Directors beneficial interest

    4) Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them (if notified)

    Not Advised

    5) Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    As in 2 above


    6) Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    Re-invested dividends in PEPs and ISA accounts


    7) Number of shares/amount of
    stock acquired

    460 (151 PEP and 309 ISA)


    8) Percentage of issued class


    9) Number of shares/amount
    of stock disposed

    N/A


    10) Percentage of issued class

    N/A


    11) Class of security

    Ordinary 1p Shares

    12) Price per share

    97 pence


    13) Date of transaction

    10th June 2003


    14) Date company informed

    10th June 2003


    15) Total holding following this notification

    7,520 on the Register, 10,008 in an ISA, and 20,562 in a PEP

    Total Holding 38,090


    16) Total percentage holding of issued class following this notification

    0.06%

    If a director has been granted options by the company please complete the
    following boxes

    17) Date of grant


    18) Period during which or date on which exercisable


    19) Total amount paid (if any) for grant of the option


    20) Description of shares or debentures involved: class, number


    21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise


    22) Total number of shares or debentures over which options held
    following this notification


    23) Any additional information


    24) Name of contact and telephone number for queries

    Jonathan McGuire 020 7940 5957


    25) Name and signature of authorised company official responsible for
    making this notification



Date of Notification 10th June 2003


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