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UK Select Trust Ld (UKT)

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Friday 04 July, 2003

UK Select Trust Ld

Purchase of Own Securities

UK Select Trust Limited
04 July 2003

UK Select Trust Limited ('the Company')

Purchase of Own Shares

UK Select Trust Limited ('the Company') announces that on 3 July 2003, it
purchased for cancellation 45,000 ordinary shares of 10p each in the Company at
74 pence per share.  The purchase represents approximately 0.10 per cent of the
Company's ordinary share capital.

Following this transaction the Company now has 42,393,409 shars in issue.


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