RNS Number:2238Z
Dresdner RCM Endwmnt Policy2003 PLC
29 July 2002

Dresdner RCM Endowment Policy Trust 2003 plc announces

that on 29th July 2002 it re-purchased, for cancellation,

25,000 Ordinary 10p Shares (representing

0.08% of the issued Ordinary capital), at the

price of 195p per Ordinary Share.

Settlement and cancellation of the re-purchased 25,000

Ordinary Shares is due on 1st August 2002 when

the issued share capital of the Trust will fall to 29,570,248 Ordinary

10p Shares.



Enquiries:

Peter Ingram

Company Secretary

Tel: 020 7475 6410

29th July 2002








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