Purchase of Own Securities

Morgan Grenfell Lat Amer Co Tst PLC
21 January 2000


The  Board  of the Morgan Grenfell Latin American  Companies Trust PLC
announces that the Company has today purchased for cancellation  125,000
ordinary shares in the  Company  at  a price of 80.5p per share.

Following  this  purchase there are now 61,536,050  ordinary shares in issue.