Issue of Equity

Finsbury Worldwide Pharm Tst PLC
18 January 2006



                FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC

                                18 January 2006


                         Allotment of Ordinary Shares


FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC (the 'Company') announces the
allotment of 143,492 Ordinary shares of 25p each fully paid under its block
listing facility.

These shares were issued today at a price of 564.00p per share, which equates to
a premium to the estimated net asset value at the time of transaction of 1.68%.

The net asset value (fully diluted) per Ordinary share at the close of business
on 17 January 2006 was 556.64p per share.

The total issued share capital of the Company is now 57,321,068 Ordinary shares
of 25p each and 10,806,098 Warrants to subscribe for Ordinary shares.


                                    - Ends -


Enquiries:

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


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