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Wednesday 05 February, 2003

All Points Multi

Change of Name of Porfolios

All Points Multi-Manager PLC
05 February 2003

                          STOCK EXCHANGE ANNOUNCEMENT



                     For Immediate Release 05 February 2003



                  All Points Multi-Manager plc (the 'Company')

                         US Large Cap Portfolio, Shares

              European Equity Portfolio, Shares (the 'Portfolios')





                        Re: Change of Name of Portfolios



The Directors of the Fund wish to announce that with effect from 27th January,
2003, the name of the Portfolios have been changed from US Large Cap Portfolio,
Shares to US Large Cap Growth Portfolio and from European Equity Portfolio,
Shares to European Growth Portfolio respectively.









Enquiries:


William Fry Solicitors                    Oisin McClenaghan               +353 1 639 5000

Davy Stockbrokers                         Elaine Drennan                  +353 1 614 8933




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