Portfolio Update

Finsbury Worldwide Pharm Tst PLC
02 April 2004

                                                                    2 April 2004


                  FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC
                                 (the 'Company')


                        QUARTERLY STATEMENT OF INVESTMENTS

In compliance with the Listing Rules - Chapter 21 Investment Entities (I)(ii),
the Company discloses the following:

  • Investments valuing greater than 5% of the Company's gross assets comprise
    the following:

Company Name                                                        Value of Investment at      % of Total
                                                                                            Portfolio  Assets
                                                                         31March 2004
Genentech Inc                                                             15,140,191               6.71
Pfizer                                                                    12,396,278               5.49


  • The ten largest investments held by the Company comprise the following:


Company Name                                                         Value of Investment at      % of Total
                                                                         31 March  2004        Portfolio Assets

Genentech Inc                                                              15,140,191               6.71
Pfizer                                                                     12,396,278               5.49
Altana AG                                                                  10,872,923               4.82
Novartis                                                                   10,670,697               4.73
Amgen                                                                      10,579,584               4.69
Genzyme Corp General Division                                              10,245,667               4.54
Lilly (Eli) & Company                                                      10,192,344               4.52
Given Imaging                                                              9,055,568                4.01
Schering-Plough Corporation                                                8,820,089                3.91
Serona SA 'B'                                                              8,727,156                3.87



                                    - ENDS -


For further information please contact:
Tracey Gower, Company Secretary
Close Finsbury Asset Management Limited
Telephone: [phone]


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