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TR European Growth (TRG)

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Wednesday 07 November, 2001

TR European Growth

Conversion of Securities

TR European Growth Trust PLC
7 November 2001


TR EUROPEAN GROWTH TRUST PLC

HENDERSON GLOBAL INVESTORS

7 NOVEMBER 2001

                         TR EUROPEAN GROWTH TRUST PLC


The Company announces that it is making an application to the UK Listing
Authority and the London Stock Exchange Limited for the admission to the
Official List of 4,111 ordinary shares arising on conversion of warrants.
These shares were allotted today.


                                   - ENDS -



For further information contact:

Stephen Peak

Henderson Global Investors

Telephone: 020 7818 4334

Vicki Staveacre

Henderson Press Office

Telephone: 020 7818 4028