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UK Select Trust Ld (UKT)

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Friday 12 December, 2003

UK Select Trust Ld

Transaction in Own Shares

UK Select Trust Limited
12 December 2003

12th December 2003

                    UK Select Trust Limited ('the Company')

                             Purchase of own shares

UK Select Trust Limited ('the Company') announces that on 12th December 2003, it
purchased for cancellation 35,000  ordinary shares of 10p each in the Company at
0.8250  pence per share.  The purchase represents approximately 0.0832 per cent
of the Company's issued ordinary share capital.

Following this transaction the Company now has 42,032,836 shares in issue.


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            The company news service from the London Stock Exchange