Trading Statement

Liontrust Asset Management PLC
27 March 2003

27 March 2003

                          Stock Exchange Announcement


                         Liontrust Asset Management Plc


                            Pre-Close Trading Update


Liontrust has continued to trade strongly throughout the year ending 31 March
2003. As at 26 March 2003, total funds under management stood at £2.58 billion.
Pension fund accounts won and still in transition amount to a further £699.5
million. By contrast funds under management were £1.864 billion on 30 September
2002 with £856 million of funds in transition at that date.


Any performance fees earned in the period from 1 January 2003 to 31 March 2003
will be disclosed in the preliminary announcement of Liontrust's results for the
year ending 31 March 2003 due to be released towards the end of May 2003.




Note to Editors

Figures for funds in transition relate to mandates that the Company has been
notified that it has been awarded, subject to contract. The value of funds in
transition will fluctuate with the market.


For further information please contact:

Liontrust Asset Management PLC          Nigel Legge          020 7412 1700
Cazenove & Co Ltd                       Edward Squire        020 7588 2828


27 March 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange