Change of Name

REABOURNE MERLIN LIFE SCIENCES INVESTMENT TRUST
22 September 1999


      Reabourne Merlin Life Sciences Investment Trust PLC - change of name

Following the passing of a special resolution at an extraordinary general
meeting held on 21 September 1999 Reabourne Merlin Life Sciences Investment
Trust PLC has changed its name to 'Finsbury Life Sciences Investment Trust PLC'
with effect from 22 September 1999.


Enquiries:

David Fallon                  0171 397 6987
Finsbury Asset Management

Andrew Zychowski              0171 623 8000
Dresdner Kleinwort Benson