Compliance with Model Code

Finsbury Worldwide Pharmaceutical Trust PLC

1 April 2009

          Finsbury Worldwide Pharmaceutical Trust PLC (the'Company')           

In accordance with Listing Rule 15.5.1 (4), the Directors of the Company
confirm that they are satisfied that all inside information that the Directors
and the Company have up until the date of this notice has been notified to a
Regulated Information Service and that any further inside information leading
up to the announcement of the annual results of the Company for the year ended
31 March 2009 will be notified to a Regulated Information Service.

The Company and persons discharging managerial responsibilities for the Company
are therefore exempt during the close period from the provisions of the Model
Code in respect of dealings in the Company's own securities. If, in the period
leading up to the announcement of results, the Directors of the Company or any
person discharging managerial responsibilities come into possession of any
inside information, this will be notified to a Regulated Information Service
before any such transactions are undertaken.

The close period to which this notification relates is in respect of the
financial year ended 31 March 2009.

Frostrow Capital LLP

Company Secretary

1 April 2009