Director Shareholding

Finsbury Worldwide Pharm Tst PLC
4 April 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

 1. Name of company

    Finsbury Worldwide Pharmaceutical Trust PLC

    2) Name of director

    Ian Ivory

    3) Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder if it is a
    holding of that person's spouse or children under the age of 18 or in
    respect of a non-beneficial interest

    Spouse

    4) Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them (if notified)

    Henderson Nominees Limited

    5) Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    Joanna Mary Ivory - Spouse

    6) Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    Self select ISA

    7) Number of shares/amount of
    stock acquired

    1,469

    8) Percentage of issued class

    0.003%

    9) Number of shares/amount
    of stock disposed

    n/a

    10) Percentage of issued class

    n/a

    11) Class of security

    Ordinary Shares of 25p each

    12) Price per share

    474p

    13) Date of transaction

    30 March 2001

    14) Date company informed

    4 April 2001

    15) Total holding following this notification

    56,469

    16) Total percentage holding of issued class following this notification

    0.146%

Close Finsbury Asset Management Limited

4 April 2001