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3i UK Select Trust (UKT)

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Tuesday 05 February, 2002

3i UK Select Trust

Holding(s) in Company

3i UK Select Trust Ld
5 February 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

3I UK SELECT TRUST LIMITED

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

THE CARROUSEL 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 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

NCB TRUST LIMITED

5)   Number of shares/amount of stock acquired.

435,471

6)   (0.7617%) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( - %) of issued Class

9)   Class of security

ORDINARY 10P SHARES

10)  Date of transaction

31.1.02

11)  Date company informed

04.02.02

12)  Total holding following this notification

5,875,471
               
13)  Total percentage holding of issued class following this notification

10.01%

14)  Any additional information

-

15)  Name of contact and telephone number for queries

TINA LYTHGOE
01481 719516 

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification           5/02/2002


                      This information is provided by RNS
            The company news service from the London Stock Exchange