Armour Trust PLC
9 January 2002
DEALINGS BY SUBSTANTIAL SHAREHOLDERS
1) NAME OF COMPANY
ARMOUR TRUST PLC
2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
CAUSEWAY SMALLER QUOTED COMPANIES FUND
3) Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
AS IN 2.
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.
BARFIELD NOMINEES LIMITED
5) Number of shares/amount of stock acquired.
6) ( %) of issued Class
7) Number of shares/amount of stock disposed
8) (12.7%) of issued Class
9) Class of security
10) Date of transaction
4 JANUARY 2002
11) Date company informed
9 JANUARY 2002
12) Total holding following this notification
13) Total percentage holding of issued class following this notification
14) Any additional information
15) Name of contact and telephone number for queries
D.W. WRIGHT - 01892 502700
16) Name and signature of authorised company official responsible for
making this notification
Date of Notification ....9 JANUARY 2002..............