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Themis FTSE Fldg Idx (TFF)

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Tuesday 14 December, 1999

Themis FTSE Fldg Idx

Gartmore Fledgling Offer Acceptances

Themis FTSE Fledgling Index Trust PLC
14 December 1999

The Board of Directors of Gartmore Fledgling announce the receipt of further
acceptances of the Offer (declared unconditional on 3rd December 1999) made by
Dresdner Kleinwort Benson on behalf of the Company to acquire the whole of the
issued share capital of Themis FTSE Fledgling Index Trust PLC ('Themis
Fledgling').

Further valid acceptances have been received in respect of  5,548,896 Themis
Fledgling shares, representing 11.04% of Themis Fledgling's issued share
capital. 

4,881,918 new Gartmore Fledgling shares have been allotted in respect of these
acceptances and application has been made to the London Stock Exchange for
these shares to be listed. Following the issue of these shares, there are
68,498,291 Gartmore Fledgling Index shares in issue. 

In total, acceptances have now been received in respect of 43,291,961 Themis
Fledgling shares, representing 86.12% of Themis Fledgling's share capital.

The offer remain open to Themis shareholders.

Gartmore Investment Limited
14 December 1999

                                                                                                                                                                                       

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