Annual Report and Accounts

CHELVERTON GROWTH TRUST PLC

Annual Report for the period ended 31 August 2003

A copy of the above document has been submitted to the UK Listing Authority and
is available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Tel no: 020 7676 1000

12.11.03