43HD Municplty 1.35%

RNS No 4734e
CATER ALLEN EQUITY GROWTH FUND LIMITED
21st January 1999



Letter to Company Announcements Office

The directors of the above Fund have today declared an interim dividend of 7
pence per share for the year ending Thursday 28th January 1999 payable on
Friday 26th February 1999 to all shareholders on the share register on Thursday
28th January 1999.

Letter from Director, Cater Allen Investment Management (C.I.) Limited

END


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