Portfolio Update

Finsbury Worldwide Pharm Tst PLC
04 October 2004


                                                                  4 October 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
                                                                      30 September 2004      Portfolio  Assets
                                                                      
Genzyme Corp General Division                                             12,008,510               5.35
Novartis                                                                  11,910,115               5.30


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

Company Name                                                         Value of Investment at      % of Total
                                                                       30 September 2004      Portfolio Assets
                                                                   
Genzyme Corp General Division                                              12,008,510               5.35
Novartis                                                                   11,910,115               5.30
Genentech Inc                                                              11,006,991               4.90
Pfizer                                                                     10,986,295               4.89
Schering-Plough Corporation                                                10,530,242               4.69
Amgen                                                                      10,495,564               4.67
Altana AG                                                                  10,365,352               4.62
Given Imaging                                                              10,313,503               4.59
Medimmune Inc                                                              9,600,232                4.27
Lilly (Eli) & Company                                                      9,291,039                4.14


                                    - ENDS -


For further information please contact:

Tracey Lago, Company Secretary
Close Finsbury Asset Management Limited
Telephone: [phone]


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