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UK Select Trust Ld (UKT)

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Wednesday 25 February, 2004

UK Select Trust Ld

Transaction in Own Shares

UK Select Trust Limited
25 February 2004

25th February 2004

                    UK Select Trust Limited ('the Company')

                             Purchase of own shares

UK Select Trust Limited ('the Company') announces that on 25th February 2004, it
purchased for cancellation 425,000 ordinary shares of 10p each in the Company at
0.875  pence per share.  The purchase represents approximately 1.011 per cent of
the Company's issued ordinary share capital.

Following this transaction the Company now has 41,607,836 shares in issue.


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