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Finsbury Growth (FGT)

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Monday 27 September, 1999

Finsbury Growth

Purchase of Own Securities

FINSBURY GROWTH TRUST PLC
27 September 1999


REPURCHASE OF ORDINARY SHARES

The Board of Finsbury Growth Trust PLC announces that on 24 September 1999, the
Company repurchased for cancellation 250,000 of the Company's ordinary shares of
25p, representing 0.54% of the issued ordinary share capital, at a price of
179.0p per share.

Following this repurchase, the Company has 45,750,000 ordinary shares in issue.


For and on behalf of Rea Brothers Limited - Secretary 

For further information, please contact:
Mark Mathias        
Apax Finsbury Investment Management Limited
0171 397 6902