INVESTEC EUROPEAN GROWTH & INCOME TRUST LIMITED

This statement replaces the announcement that was released on 9 October 2003.

In accordance with Rule 2.10 of the City Code on takeovers and mergers, the
Company confirms the details of its relevant securities are as follows:-

Share Class                               Number in issue   ISIN reference   
                                                                             
Ordinary shares of 0.1p                   66,250,000        GB0001195758     

Enquiries

Gill Nobes

Company Secretary

Investec European Growth & Income Trust Limited

Tel: +44 1481 709859



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