RNS Number:8068K
Legal & General UK Select IT PLC
07 May 2003


Legal & General UK Select Investment Trust plc

Results of EGM: passing of resolutions for the winding-up of the Company


The Board of Legal & General UK Select Investment Trust plc (the "Company")
announces today that the resolutions put to the extraordinary general meeting of
the Company held today were duly passed. These resolutions approved the members'
voluntary liquidation of the Company and approved the appointment of Patrick
Joseph Brazzill and Margaret Elizabeth Mills of Ernst & Young, LLP as
Liquidators, the retention of the books and records by the Manager and the basis
for the Liquidators' remuneration and, in addition, authorised the Liquidators
to pay all creditors in full and to make compromises with creditors and debtors
and, in accordance with the Articles, divide the assets of the Company among the
Shareholders as the Liquidators shall think fit. The liquidation became
effective immediately upon the appointment of the Liquidators.

Distributions to shareholders

The Liquidators have indicated that they anticipate being in a position to
distribute the major part of the net cash proceeds arising from the liquidation
of the portfolio (which is estimated to be at least 99 per cent. of the Terminal
Asset Value based on the valuation at 30 April 2003) to Shareholders as soon as
possible but expected to be on or about 13 May 2003. This distribution is
expected to amount to at least 107p per share.

Any remainder of the cash proceeds will be distributed after paying the costs of
liquidation and settling all tax and other liabilities. The precise timing of
this second distribution will depend upon the progress of the liquidation and
the receipt by the Liquidators of confirmation from the tax authorities that the
Company has no outstanding tax liabilities.

Distributions to Warrantholders

Cheques in respect of the distribution to Warrantholders are expected to be
despatched on or about 13 May 2003. This distribution is expected to amount to
at least 19p per Warrant based on the valuation at 30 April 2003.

Stock Exchange dealings

The register for the Shares and the Warrants is expected to be closed and the
Shares and Warrants disabled in CREST from close of business on 7 May 2003. The
listings by the UK Listing Authority of the Ordinary Shares and Warrants are
being suspended and will be cancelled in due course.



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