Issue of Equity

Finsbury Worldwide Pharm Tst PLC
31 October 2005



                  FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC



                                31 October 2005


                          Allotment of Ordinary Shares





FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC (the 'Company') announces the
allotment of 150,000 Ordinary shares of 25p each fully paid under its block
listing facility.



These shares were issued today at a price of 514.0p per share, which equates to
a premium to the estimated net asset value at the time of transaction of 1.7%.



The net asset value (fully diluted) per Ordinary share at the close of business
on 28 October 2005 was 499.14p per share.



The total issued share capital of the Company is now 55,267,576 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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