Purchase of Own Securities

Mercury Keystone Inv Trust PLC
24 February 2000


MERCURY KEYSTONE INVESTMENT TRUST plc

PURCHASE OF OWN ORDINARY SHARES IN THE MARKET
         

1. Date of the purchase:            23rd February 2000


2. Number of Ordinary Shares purchased:        52,000  
   

3. Highest and lowest price paid per share:    928.5p
                                               
                                                              
4. The issued share capital of the Company following this buy-back will be:

   Ordinary shares:    14,250,562   

5. Name of contact for queries:  Miss T A Bennett
                                 0207 220 5153

6. Name of authorised Company official responsible for this      
   notification: Miss T A Bennett
                 for Mercury Asset Management 
                 Group Services Ltd
                 Secretary

7. Date of Notification:         23rd February 2000