Statement re Listing Rules
20 October 2003 - 10:15PM
UK Regulatory
FINANCIAL SERVICES AUTHORITY - CHANGES TO THE UKLA LISTING RULES
The Board of Falcon Investment Trust PLC (the "Company") notes the publication
of the Investment Entities (Listing Rules and Conduct of Business) Instrument
2003 and announces that it is the Company's policy to invest no more than 15%
of its gross assets in other listed investment companies (including listed
investment trusts).
END