Director Shareholding

Finsbury Worldwide Pharm Tst PLC
01 February 2005


1 February 2005

                    FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC
                                (the 'Company')

                     NOTIFICATION OF INTERESTS OF DIRECTORS


Further to the Company's recent Placing and Offer for Subscription and issue of
Warrants to Qualifying Shareholders, the Directors notify the following
beneficial interests in the Ordinary shares and Warrants of the Company:

Director (1)                          Previously       Purchased (2)    Issued via bonus  Total held
                                      Notified Holding                  issue / Attached
                                                                        with New Shares
                                                                        (3)

Ian Ivory, Chairman (Speirs & Jeffrey)
Ordinary shares                       57,861           12,000 (4)       -                 69,861
Warrants                              -                587 (5)          13,388            13,975

Josephine Dixon (Brewin Dolphin Securities) (5)
Ordinary shares                       0                3,400            -                 3,400
Warrants                              N/A              87,500           680               88,180

Professor Duncan Geddes (Smith & Williamson Nominees)
Ordinary shares                       20,000           0                -                 20,000
Warrants                              -                0                4,000             4,000

Samuel Isaly (Bear Stearns Securities Corp) (6)
Ordinary shares                       113,000 (7)      22,673           -                 135,673
Warrants                              -                380,000          27,134            407,134

James Noble (Rathbone Nominees)
Ordinary shares                       0                3,419            -                 3,419
Warrants                              -                15,000           684               15,684

Anthony Townsend (Close Private Clients)
Ordinary shares                       3,817            5,617            -                 9,434
Warrants                                               0                1,886             1,886


For and on behalf of
Close Finsbury Asset Management Limited
Company Secretary


For further information, please contact:

Alastair Smith    Close Finsbury Asset Management Limited     Tel: [phone]
Tracey Lago       Close Finsbury Asset Management Limited     Tel: [phone]


Notes:

(1) Names in brackets above are notified as the nominee/registered holder of the
shares for and on behalf of the director and/or their spouse or dependents.
Shares and Warrants are otherwise registered in the Directors' own names.

(2) Unless otherwise stated (a) the New Shares were subscribed for under the
Issue at the Issue Price of 441.05p; and (b) the Warrants were purchased at a
price of 80p per Warrant.

(3) Warrants were issued (a) without cost to Qualifying Shareholders on the
basis of one Warrant for every five existing Shares held; and (b) at no
additional cost on the basis of one Warrant for every five New Shares subscribed
for under the Issue.

(4) Includes 2,931 Ordinary shares purchased in the secondary market (ex the
bonus issue of Warrants) on 20 December 2004 at a price of 432.0p per Share.

(5) Purchased in the secondary market on 20 December 2004 at a price of 83.0p
per Warrant.

(6) New Shares and Warrants issued under the Offer were registered in the
Director's own name. New Shares and Warrants issued under the Offer were
registered in the Director's own name, but the registered ownership is be
transferred to Bear Stearns Securities Corp.

(7) Reduction from the previously notified holding of 141,000, which included
holdings of non-dependents.

(8) Capitalised terms used in this announcement shall, unless the context
otherwise requires, bear the meanings given to them in the Company's prospectus
dated 19 November 2004.




                      This information is provided by RNS
            The company news service from the London Stock Exchange