GARTMORE SELECT JAPANESE INVESTMENT TRUST PLC

(IN MEMBERS' VOLUNTARY LIQUIDATION)

First Cash Distribution                                                 
                                                                        
Following the liquidation of Gartmore Select Japanese Investment Trust  
PLC ("the Company") on 27 May 2003, the first cash distribution to      
ordinary shareholders will be made at the rate of 26.5 pence per        
ordinary share.                                                         
                                                                        
Cheques will be posted to ordinary shareholders of the Company on 10    
June 2003.                                                              
                                                                        
Enquiries:                                                              
                                                                        
Vee Montebello (Gartmore) - 020 7782 2000                               
                                                                        
Chris Day (Deloitte & Touche) - 020 7007 2548                           



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