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3i UK Select Trust (UKT)

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Thursday 28 February, 2002

3i UK Select Trust

Final Results

3i UK Select Trust Ld
28 February 2002

To:     Quotations Department, The Stock Exchange, London

From:   3i UK Select Trust Limited


The unaudited figures for the year ended 31 December 2001 are as follows:

                                                            31 December 2001          31 December 2000

                                                                     £'000's                   £'000's

Dividends and interest                                                 2,168                      2,213
Commissions                                                                -                         3
Revenue                                                                1,735                      1,733
Amount absorbed by dividends                                          (1,590)                   (1,566)
Amount transferred to revenue reserves                                   145                        167

Interim and final dividend per ordinary share                          2.79p                     2.77p
Earnings per ordinary share                                            3.05p                     3.04p

                                                            31 December 2001          31 December 2000

                                                                     £'000's                   £'000's

Market value of investments                                          65,118                     83,703
Total net assets                                                     59,681                     76,012
Net asset value per ordinary share at 10p
 each (ex dividend)                                                  104.4p                    134.2p

The directors propose that ordinary shareholders should be offered the right to
elect to receive new ordinary shares in lieu of the cash final dividend.

They have decided to declare a final dividend of 1.96p (2000: 1.94p) for the
year ended 31 December 2001 making a total dividend of 2.79p, (2000: 2.77p).

The final dividend will be payable on 2 May 2002 on such of the ordinary shares
in respect of which the holders had not, prior to 15 April 2002, elected to
receive an allotment of new ordinary shares.

The record date for the final dividend in respect of the year ended 31 December
2001 is 8 March 2002 and shares will be marked ex-dividend on 6 March 2002.

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