RNS Number:7555O
Govett Singapore Growth Fund Ltd
14 December 2001



                        DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     GOVETT SINGAPORE GROWTH FUND LIMITED

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     GOVETT ASIAN SMALLER COMPANIES INVESTMENT TRUST 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 2 ABOVE

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

     AS 2 ABOVE

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     124,205

8)   ( 6.39%) of issued Class

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction

     11 DEC 2001

11)  Date company informed

     14 DEC 2001

12)  Total holding following this notification

     NIL
               
13)  Total percentage holding of issued class following this notification

     NIL

14)  Any additional information

     SHARES TRANSFERRED FOLLOWING RECONSTRUCTION OF THE GOVETT ASIAN SMALLER
     COMPANIES INVESTMENT TRUST

15)  Name of contact and telephone number for queries

     D KEEP - 01534-709101

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

     Date of Notification  14/12/01




                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     GOVETT SINGAPORE GROWTH FUND LIMITED

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     GOVETT ASIA PACIFIC FUND

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 2 ABOVE

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

     AS 2 ABOVE

5)   Number of shares/amount of stock acquired.

     124,205

6)   ( 6.39%) of issued Class

7)   Number of shares/amount of stock disposed

     N/A

8)   ( N/A%) of issued Class

9)   Class of security

     ORDINARY SHARES

10)  Date of transaction

     12/12/01

11)  Date company informed

     14/12/01

12)  Total holding following this notification

     124,205
               
13)  Total percentage holding of issued class following this notification

     6.39%

14)  Any additional information

     SHARES TRANSFERRED AS RESULT OF RECONSTRUCTION OF THE GOVETT ASIAN SMALLER
     COMPANIES INVESTMENT TRUST

15)  Name of contact and telephone number for queries

     D KEEP - 01534-709101

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

     Date of Notification  14/12/01


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