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TR European Growth (TRG)

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Thursday 05 May, 2005

TR European Growth

Repurchase Price

TR European Growth Trust PLC
05 May 2005

Repurchase Price



5 MAY 2005

TR European Growth Trust plc (the 'Company') - Tender Offer

Further to the Company's announcement of 20 April 2005, the Board of Directors
of TR European Growth Trust plc confirm that the Calculation Date for the Second
Tranche was close of business on 4 May 2005 and that the Repurchase Price in
respect of the Second Tranche of the Tender Offer will be 259.7925 pence per

It is expected that cheques will be dispatched and CREST payments made for the
Second Tranche in the week commencing 23 May 2005.

Terms defined in the Company's Circular to Shareholders dated 24 March 2005
shall have the same meaning in this announcement.


Audley Twiston-Davies                                          020 7378 4500
Chairman, TR European Growth Trust plc

James de Sausmarez                                             020 7818 1818
Henderson Global Investors

Andrew Zychowski                                               020 7623 8000
Dresdner Kleinwort Wasserstein

Dresdner Kleinwort Wasserstein Securities Limited, which is authorised and
regulated by the Financial Services Authority in the conduct of investment
business, is acting for the Company in connection with the matters discussed in
this announcement and no one else and will not be responsible to anyone other
than the Company for providing the protections afforded to clients of Dresdner
Kleinwort Wasserstein Securities Limited nor for providing advice in relation

                      This information is provided by RNS
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