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3i UK Select Trust (UKT)

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Friday 12 April, 2002

3i UK Select Trust

Holding(s) in Company

3i UK Select Trust Ld
12 April 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     3i UK SELECT TRUST LTD

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     MILLENIUM PARTNERS GP.

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.

     BC NOMINEES #2 LTD

5)   Number of shares/amount of stock acquired.

     700,000

6)   ( 1.22% ) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY 10P SHARES

10)  Date of transaction

     11/4/02

11)  Date company informed

     12/4/02

12)  Total holding following this notification

     9,425,000
               
13)  Total percentage holding of issued class following this notification

     16.49%

14)  Any additional information


15)  Name of contact and telephone number for queries

     KIRSTY MECHEM
     01481 719516

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

     Date of Notification   12/4/2002

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