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Gartmore Growth Opps (GGOR)

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Monday 06 September, 2010

Gartmore Growth Opps

Statement re Management Arrangements


GARTMORE GROWTH OPPORTUNITIES PLC

Management Arrangements

Further to the announcement made by Gartmore Growth Opportunities plc (the
"Company") on 1 September 2010 that the Board of the Company was considering
the management arrangements of the Company following the resignation of Gervais
Williams, the lead manager of the Company's portfolio, the Board has now served
`protective' notice of termination of the investment management agreement with
Gartmore Investment Limited (the "Agreement"). The effect of the `protective'
notice is to start the 12 month notice period required under the Agreement in
order to reduce the termination costs potentially payable by the Company. If
following the Board's further consideration of the management arrangements, the
Board decides not to terminate the Agreement, then the `protective' notice will
be withdrawn.

A further announcement will be made in due course.

Gartmore Investment Limited
Corporate Company Secretary
6 September 2010

Contact details:

Robert Ware Tel: 0207 258 8670
Chairman
Gartmore Growth Opportunities plc

Will Rogers Tel: 020 7397 1920
Cenkos Securities


                                                                                                                             

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