Change of Adviser

Hansa Trust PLC
25 November 2002


HANSA TRUST PLC

CHANGE OF ADVISER

25 November 2002

The Directors of Hansa Trust PLC announce the appointment of Close Brothers
Securities (a division of Winterflood Securities Limited) as corporate broker to
the Company.

Enquiries:

Peter Gardner, Hansa Capital Limited             Tel: [phone]

Tom Durie, Close Brothers Securities            Tel. [phone]


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