Purchase of Own Securities

Morgan Grenfell Lat Amer Co Tst PLC
17 May 2000


The  Board of the Morgan Grenfell Latin American Companies Trust PLC announces
that  the  Company  has yesterday purchased for cancellation 120,000  ordinary
shares in the Company at a price of 70.31p per share.

Following this purchase there are now 55,741,050 ordinary shares in issue.