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Finsbury Growth (FGT)

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Wednesday 15 December, 1999

Finsbury Growth

Purchase of Own Securities

Finsbury Growth Trust PLC
14 December 1999

Letter to Company Announcements Office:


The Board of Finsbury Growth Trust PLC announces that on 10 December 1999, the
Company repurchased for cancellation 65,000 of the Company's ordinary shares of
25p, representing 0.11% of the issued ordinary share capital, at a price of
191.0 per share.

Following this repurchase, the Company has 45,385,000 ordinary shares in issue.
The Company has to date repurchased 615,000 ordinary shares, representing 1.4%
of the issued ordinary share capital.

For and on behalf of Rea Brothers Limited - Secretary

14 December 1999

For further information, please contact:

Mark Mathias
Apax Finsbury Investment Management Limited
0207 426 6240



Finsbury Asset Management