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TR European Growth (TRG)

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Monday 05 January, 2004

TR European Growth

Listing Rule 21

TR European Growth Trust PLC
05 January 2004

TR EUROPEAN GROWTH TRUST PLC

HENDERSON GLOBAL INVESTORS

5 JANUARY 2004



                          TR EUROPEAN GROWTH TRUST PLC

                                Listing Rule 21





In accordance with paragraph 21.20 (l) (ii) of the Listing Rules, TR European
Growth Trust plc announces its ten largest investments, including all
investments with a value greater than 5% of its gross assets, as at 31 December
2003:


Company                   % Total Assets

SJAELSO GRUPPEN            4.77

BRAINLAB                   4.30

RAPALA VMC                 4.00

HEIJMANS                   3.94

PUMA                       3.57

NATIONAL BANK OF GREECE    3.54

DEPFA BANK                 2.78

NDS GROUP                  2.60

NEW SKIES SATELLITES       2.58

ENIRO                      2.57





                                    - ENDS -



For further information, please call:

Stephen Peak

TR European Growth Trust plc

Telephone: 020 7818 4334

Stephen Westwood

Head of Investment Trusts

Henderson Global Investors

Telephone: 020 7818 5517

Stephen Phillips

Associate Director

Henderson Global Investors

Telephone: 020 7818 6417


                      This information is provided by RNS
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