Quarterly Dividend

Merchants Trust PLC
10 January 2000

QUARTERLY DIVIDEND
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *MRCH
SEDOL CODE              *580-007
DIVIDEND AMOUNT         *4.05p
PROVISIONAL EX DATE     *17-01-00
RECORD DATE             *21-01-00
PAYMENT DATE            *22-02-00
NOTES *