Issue of Equity

Finsbury Worldwide Pharm Tst PLC
23 November 2005



                    FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC

                                23 November 2005


                          Allotment of Ordinary Shares

FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC (the 'Company') announces the
allotment of 50,000 Ordinary shares of 25p each fully paid under its block
listing facility.

These shares were issued today at a price of 560.0p per share, which equates to
a premium to the estimated net asset value at the time of transaction of 2.2%.

The net asset value (fully diluted) per Ordinary share at the close of business
on 22 November 2005 was 548.21p per share.

The total issued share capital of the Company is now 55,592,576 Ordinary shares
of 25p each and 10,806,098 Warrants to subscribe for Ordinary shares.

                                    - Ends -

Enquiries:

Alastair Smith        Close Finsbury Asset Management Ltd       020 7426 6240
Tracey Lago           Close Finsbury Asset Management Ltd       020 7426 6219


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