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UK Select Trust Ld (UKT)

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Tuesday 23 May, 2006

UK Select Trust Ld

Transaction in Own Shares

UK Select Trust Limited
23 May 2006

23rd May 2006

                    UK Select Trust Limited ('the Company')

                             Purchase of own shares

UK Select Trust Limited ('the Company') announces that on 23rd May 2006, it
purchased for cancellation 80,000 ordinary shares of 10p each in the Company at
£1.235 per share.  The purchase represents approximately 0.383 per cent of the
Company's issued ordinary share capital.

Following this transaction the Company now has 20,773,284 shares in issue.



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