Purchase of Own Securities

Ivory & Sime UK Smlr.Co's Trust PLC 16 February 2000 Ivory & Sime UK Smaller Companies Trust plc The Board of Ivory & Sime Smaller Companies Trust plc announces that it today purchased for cancellation 65,000 of its warrants in the Company at a price of 193.5p each. Following this purchase there are 827,445 warrants outstanding. Contact: Stephen Grant/ Keith Hannay Friends Ivory & Sime plc, Managers 0131 465 1000
UK 100

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