Transaction in Own Shares

Henderson Strata Investments PLC
21 March 2005

HENDERSON STRATA INVESTMENTS PLC

HENDERSON GLOBAL INVESTORS

21 March 2005



                        HENDERSON STRATA INVESTMENTS PLC

     Market Purchase by the Company of its own Ordinary Shares to be held in
                                    Treasury


Henderson Strata Investments plc hereby gives notification that, pursuant to the
authority granted to the Company at the Annual General Meeting on 10 February
2005 to make market purchases of the Company's own shares, a market purchase of
55,000 ordinary shares of 25p each of the Company was made today at a price of
503p per share. The shares will be held in Treasury.

Following the completion of this purchase, the number of shares in issue
(excluding the shares held in Treasury) will be 12,291,260 ordinary shares of
25p each.


                                    -ENDS-


For further information please contact:

Colin Hughes
Henderson Strata Investments plc
Telephone: [phone]

or

James de Sausmarez
Head of Investment Trusts
Henderson Global Investors
Telephone: [phone]


                      This information is provided by RNS
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