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UK Select Trust Ld (UKT)

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Monday 17 March, 2003

UK Select Trust Ld

Purchase of Own Securities

UK Select Trust Limited
17 March 2003

UK Select Trust Limited 17 March 2003





                    UK Select Trust Limited ('the Company')

                             Purchase of own shares



UK Select Trust Limited ('the Company') announces that on 14 March 2003, it
purchased for cancellation 50,000 ordinary shares of 10p each in the Company at
57 pence per share.  The purchase represents approximately 0.12 per cent of the
Company's issued ordinary share capital.



Following this transaction the Company now has 41,810,268 shares in issue



END




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