Interim Management Statement

WORLDWIDE HEALTHCARE TRUST PLC Interim Management Statement - 3 months to 30 June 2011 (unaudited) Worldwide Healthcare Trust PLC invests worldwide in pharmaceutical, biotechnology and related companies in the healthcare sector with the objective of achieving a high level of capital growth. The three month period ended 30 June 2011 was a positive one for the Company due in part to strong performance from large capitalisation pharmaceutical stocks and the Company's Japanese generic drug pharmaceutical holdings, together with the release of positive new product data. Over the three-month period, the Company's net asset value total return was +9.9% and the share price total return was +12.0%, compared to a rise of 8.1% in the Company's benchmark, the MSCI World Health Care Index measured on a total return basis in sterling terms. In the period from 30 June 2011 to 1 August 2011, Company's net asset value total return was -4.1% and the share price total return was +1.3%, compared to a fall of 4.4% in the Company's benchmark. During the three month period and to the date of this report no shares were repurchased by the Company. On 28 July 2011 the Company cancelled all of the 358,607 shares held in treasury. Also, on 2 August 2011, a total of 354,240 new shares were issued, raising £ 2.3m of additional funds for the Company, as a result of holders of subscription shares exercising their subscription rights. At the Company's Annual General Meeting, held on 7 July 2011, all of the resolutions were passed. The Company paid an increased interim dividend of 15.0p per share (2010: 8.5p per share) on 30 June 2011. Trust Characteristics 30 June 2011 31 March 2011 Number of holdings 69 60 Net assets (£m) 367.9 337.7 Net yield 2.0% 1.2% Gearing (AIC basis) 116 114 Share price (p) 753.00 686.00 NAV (p) -undiluted 852.52 782.82 NAV (p) diluted: sub shares 818.36 759.71 NAV (p) - fully diluted for 817.90 759.20 sub shares and treasury shares Discount (undiluted) (11.7%) (12.4%) Discount (diluted - sub (8.0%) (9.7%) shares) Discount (fully diluted) (7.9%) (9.6%) Subscription share price 109.00 84.50 (p) Source: Frostrow Capital LLP 10 Largest Investments Name % of % of portfolio portfolio at 30 June 2011 at 31 March 2011 Pfizer 5.3 6.2 Novartis 5.2 4.6 Roche 4.9 6.0 Johnson & Johnson 4.1 4.0 Bristol-Myers Squibb 3.8 3.8 Mitsubishi Tanabe Pharma 3.8 4.0 Merck & Co. 3.4 3.5 Wellpoint 2.7 2.7 Allergen 2.7 2.6 Gilead Sciences 2.6 1.7 38.5 39.1 Source: Frostrow Capital LLP Sector Analysis % of % of portfolio portfolio at 30 June 2011 at 31 March 2011 Large capitalisation 64.9 67.2 Small capitalisation 35.1 32.8 Total 100.0 100.0 Source: Frostrow Capital LLP Geographical Analysis % of % of portfolio portfolio at 30 June 2011 at 31 March 2011 North America 67.2 63.5 Europe 19.6 21.6 Far East 12.6 13.8 Israel 0.6 1.1 Total 100.0 100.0 Source: Frostrow Capital LLP Total Return Performance 3 Months 1 Year 3 Years 5 Years Share price +12.0% +20.2% +76.2% +64.5% NAV Fully +9.9% +20.7% +75.1% +74.4% diluted Benchmark* +8.1% +21.2% +58.3% +51.6% Source: NAV (total return; fully diluted) and Share Price (total return) Morningstar. Benchmark - Bloomberg and Thomson Reuters * With effect from 1 October 2010, the performance of the Company is measured against the MSCI World Health Care Index measured on a total return basis in sterling terms. Prior to this date, performance was measured against the Datastream World Pharmaceutical and Biotechnology Index on a total return basis in sterling terms. Historic data, therefore, consists of a blended figure containing both indices. Past performance is not a guide to future performance. This Interim Management Statement has been prepared solely to provide information to meet the requirements of the UK Listing Authority's Disclosure and Transparency Rules. This Interim Management Statement is available on the Company's website www.worldwidewh.com. The Company's net asset value per share is announced daily and is available, together with the share price, on the TrustNet website at www.trustnet.com SEDOL Codes: Shares - 0338530 Subscription Shares - B3VMCB0 ISIN - Shares - GB0003385308 Subscription Shares - GB00B3VMCB07 For further information contact: Mark Pope on 0203 008 4913 Frostrow Capital LLP Company Secretary 3 August 2011
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