This corrects the announcement reference 5153 released at 12.51pm on 22nd
November 2002. The wording of the note about the redemption of Zero Dividend
Preference shares has been modified to make it clear that the Total Assets
announced includes the cash to be used for the redemption.



GARTMORE DISTRIBUTION TRUST                                                                                                                 
                    
TOTAL ASSETS                                            As at 19-Nov-02                                                                     
                    
including undistributed current year revenue                                                                                                
                    
Portfolio valued on BID basis                           �5.38m                                                                              
                    
Net current assets                                      �5.20m                                                                              
                    
TOTAL ASSETS                                            �10.58m                                                                             
                    
This includes �5 million to be used for the cash redemption payment announced                                                               
                    
today that will shortly be made to Zero Dividend Preference shareholders                                                                    
                    
representing a redemption of 20.8% of their current holdings.                                                                               
                    



END



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