EGM Statement

Mercury Grosvenor Trust PLC
29 April 2003

MERCURY GROSVENOR TRUST plc



The Board of Mercury Grosvenor Trust plc (the 'Company') are pleased to announce
that at an Extraordinary General Meeting of the Company held today, the special
resolution relating to, inter alia, proposed new management arrangements was
duly passed.



For further information please contact:



Debbie Fish

For Merrill Lynch Investment Managers Group Services Limited

Secretary

Telephone Number: 020 7743 5153



David Bucks

For Mercury Grosvenor Trust plc

Chairman

Telephone Number: 07785 705573





29 April 2003


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