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UK Select Trust Ld (UKT)

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Thursday 07 October, 2004

UK Select Trust Ld

UK Select Trust Limited

7th October 2004



                    UK Select Trust Limited ('the Company')                    


                            Purchase of own shares                             



UK Select Trust Limited ('the Company') announces that on 7th October 2004, it
purchased for cancellation 150,000 ordinary shares of 10p each in the Company
at 0.83750 pence per share.  The purchase represents approximately 0.384 per
cent of the Company's issued ordinary share capital.


Following this transaction the Company now has 38,833,742 shares in issue.