Issue of Equity - Replacement

Finsbury Worldwide Pharm Tst PLC
14 October 2005


THIS IS A REPLACEMENT ANNOUNCEMENT IN RELATION TO THE ISSUE OF EQUITY
ANNOUNCEMENT RELEASED TODAY AT 16.24PM UNDER RNS NUMBER 7167S

THE PREVIOUSLY STATED TOTAL ISSUED SHARE CAPITAL WAS INCORRECT AT 54,942,576,
SHOULD READ 55,017,576.  ALL OTHER DETAILS REMAIN UNCHANGED.



                    FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC

                                14 October 2005



Allotment of Ordinary Shares


FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC (the 'Company') announces the
allotment of 75,000 Ordinary shares of 25p each fully paid under its block
listing facility.

These shares were issued today at a price of 513.0p per share, which equates to
a premium to the estimated net asset value at the time of transaction of 1.66%.

The net asset value per Ordinary share at the close of business on 13 October
2005 was 512.38p  per share.

The total issued share capital of the Company is now 55,017,576 Ordinary shares
of 25p each.



                                    - Ends -


Enquiries:

Alastair Smith     Close Finsbury Asset Management Ltd      020 7426 6240
Tracey Lago        Close Finsbury Asset Management Ltd      020 7426 6219


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