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TR European Growth (TRG)

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Thursday 18 September, 2003

TR European Growth

Directorate Change

TR European Growth Trust PLC
18 September 2003

TR EUROPEAN GROWTH TRUST PLC

HENDERSON GLOBAL INVESTORS

18 SEPTEMBER 2003





                          TR EUROPEAN GROWTH TRUST PLC


TR European Growth Trust plc announces with regret the decision of Mr David
Codling to retire from the Board of Directors. Mr Codling is the Chairman of
Hozelock Group Limited, which has considerable interests in the UK and
Continental Europe, and has decided he is unable to devote sufficient time to
his role as a director of TR European Growth Trust plc.



His retirement will take effect from the close of the Annual General Meeting on
3 November 2003 when he will retire by rotation but not stand for re-election.








                                    - END -



For enquiries please contact:

Stephen Peak

Fund Manager

Henderson Global Investors

Tel: 020 7818 4334



Stephen Westwood

Head of Investment Trusts

Henderson Global Investors

Tel: 020 7818 5517


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