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Jersey Phoenix Tst (JPT)

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Thursday 14 February, 2002

Jersey Phoenix Tst

Purchase of Own Securities

Jersey Phoenix Trust Ld
14 February 2002

Jersey Phoenix Trust Limited announces the purchase on 14 February 2002 of
375,000 £1 Zero Dividend Preference shares for cancellation at 165.00p per

Following the above purchase, 28,355,000 £1 Zero Dividend Preference shares
remain in issue.

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