Director Shareholding

CHELVERTON GROWTH TRUST PLC

The Company was informed on 25 April 2002 that Mr WP Thompson, a Director of
the Company, purchased 50,000 Ordinary 1p shares at a price of 23 pence per
share on 24 April 2002.

Following this transaction, Mr Thompson is interested in a total of 100,000
Ordinary 1p Shares (representing 0.53% of the issued class of capital).

26 April 2002