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3i UK Select Trust (UKT)

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Wednesday 27 December, 2000

3i UK Select Trust

Fthr re Purchase of Own Secs.

3i UK Select Trust Ld
22 December 2000


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

Further to our announcement dated 21 December 2000 regarding the purchase of
50,000 shares for cancellation, we write to confirm the following:

Following the cancellation there will be 56,627,567 shares in issue.

Contact:  Karen Huxley - 020 7975 3284

LETTER FROM: 3i ASSET MANAGEMENT LTD