Year End Trading Statement

Embargoed until 0700 hours, 25 March 2008

                        Liontrust Asset Management PLC                         

                          Year End Trading Statement                           

Liontrust Asset Management PLC ("Liontrust" or "the Group"), the specialist
equities fund management group, today publishes a trading update for its
financial year ending 31 March 2008 ("the period").

Funds under management

On 20 March 2008, funds under management stood at £4.496 billion, a decrease of
18.3% from the £5.505 billion at 31 March 2007.

Performance fees

Performance fees of £13.5 million were earned in the period generating an
operating profit, after compensation, of approximately £6.1 million. By
comparison the operating profit contribution from performance fees in 2007 was
£1.3 million.

Funds flow

Gross sales of our unit trusts and offshore funds totalled a healthy £406
million over the period; net sales were £14 million in the period.

Net inflows of institutional assets amounting to £85 million are currently in
transition with a net £469 million having been withdrawn in the period.

European Team

£169 million has been raised for the European process with a further £42
million currently in transition. Performance across our range of European funds
since their inception has been good and we are confident of raising more money
for them over the coming months.

Notice of PreliminaryResults

The preliminary announcement of the Group's results of the year ended 31 March
2008 will be published on 27 May 2008.

Nigel Legge, Chief Executive of Liontrust, said:

"We have had a satisfactory year, having earned record performance fees.
Prospects for attracting inflows remain good, given the continuing success of
our European team and the good performance across most of our range of UK
funds."

For further information please contact:

Liontrust Asset Management PLC 020 7412 1700

Nigel Legge

Vinay Abrol

Altium 020 7484 4040

Nick Tulloch

Sam Fuller

Smithfield 020 7360 4900

Reg Hoare

Miranda Good

Other information

The release, publication, transmission or distribution of this announcement in
jurisdictions other than the United Kingdom may be restricted by law and
therefore persons in such jurisdictions into which this announcement is
released, published, transmitted or distributed should inform themselves about
and observe such restrictions. Any failure to comply with the restrictions may
constitute a violation of the securities laws of any such jurisdiction.

This announcement contains certain forward-looking statements with respect to
the financial condition, results of operations and businesses and plans of the
Group. These statements and forecasts involve risk and uncertainty because they
relate to events and depend upon circumstances that have not yet occurred.
There are a number of factors that could cause actual results or developments
to differ materially from those expressed or implied by these forward-looking
statements and forecasts. Nothing in this announcement should be construed as a
profit forecast.