PGR Phoenix Global Resources Plc

RNS Number:6390L
Pavilion Geared Recovery Trust PLC
15 October 2001

Pavilion Geared Recovery Trust PLC


The Company was today informed by Jupiter Asset Management Limited that
following a transaction on 12 October 2001, its client Investment Trust of
Investment Trusts PLC is now interested in 3,100,000 Ordinary Income shares of
1p each of the Company, representing 10.33% of the issued class of capital.

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