RNS Number:2361P
Framlington Global Fin & Inc Fd Ld
1 September 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     FRAMLINGTON GLOBAL FINANCIAL & INCOME FUND LIMITED

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     EXETER ASSET MANAGEMENT LIMITED

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     AS IN 2

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     EXETER SELECTIVE ASSETS INVESTMENT TRUST PLC          2,500,000
     EXETER EQUITY INCOME FUND                                   NIL
     DARTMOOR INVESTMENT TRUST                             2,250,000
     EXETER ENHANCED INCOME FUND                             550,000

5)   Number of shares/amount of stock acquired.



6)   Percentage of issued Class


7)   Number of shares/amount of stock disposed

     650,000

8)   Percentage of issued Class

     0.81%

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction

     N/A

11)  Date company informed

     01 SEPTEMBER 2003

12)  Total holding following this notification

     5,300,000
               
13)  Total percentage holding of issued class following this notification

     6.63%

14)  Any additional information

     ADVICE OF NOTIFIABLE INTEREST MADE BY FAX LETTER DATED 1 SEPTEMBER 2003
     UNDER SECTION 198-210 COMPANIES ACT 1985 - THIS TRANSACTION WAS DUE TO THE 
     SALE OF THE MANAGEMENT CONTRACTS OF EXETER ASSET MANAGEMENT LIMITED'S 
     OPEN-ENDED FUNDS TO NEW STAR

15)  Name of contact and telephone number for queries

     STELLA FALLAIZE

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification      01 SEPTEMBER 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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