SAR - Blue Planet Financials Growth & Incom...

FORM SAR 3

Date of disclosure
03 March 2004

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")

Date of acquisition
02nd March 2004

Acquisition in:
Blue Planet Financials Growth & Income Investment Trust
Plc Units (Comprising 1 Ord. Share in each No.1 - No.10)

1. Class of voting shares (eg ordinary shares)
Ordinary 10p shares

Number of shares/rights over shares acquired
39,465  Shares    n/a  Rights

If rights over shares acquired, as opposed to the shares themselves, specify nature of rights
n/a

2.Resultant total holding of voting shares (and % of total voting shares in issue)
292,965                      21.57%

Resultant total holding of rights over shares (and % of total voting shares in issue)
n/a                          n/a

Total percentage
21.57%

3. Party making disclosure
Blue Planet Investments Ltd

4. (a) Name of person acquiring shares or rights over shares
Blue Planet Investments Ltd
and, if different, beneficial owner
Mr Kenneth C Murray (the owner of Blue Planet Investments Ltd)

(b) Names of any other persons acting by agreement or understanding (see SAR 5)
Blue Planet Investments Ltd
Blue Planet Investment Management Ltd

Signed, for and on behalf of the party named in (3) above
Mr Kenneth C Murray

(Also print name of signatory)
Mr Kenneth C Murray

Telephone and extension number
0131 466 6666

Note.Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section. Tel. No: 020 7638 0129.
Email:[e-mail]