BGL Bullabulling

RNS No 7151f
BETA GLOBAL EMERGING MARKETS INVESTMENT TRUST PLC
10th September 1997


TO: COMPANY ANNOUNCEMENTS OFFICE

WE HAVE TODAY RECEIVED THE FOLLOWING LETTER FROM DEVON COUNTY
COUNCIL.

WE WRITE TO INFORM YOU THAT FOLLOWING A SALE OF 500,000 ORDINARY
SHARES IN THE COMPANY ON 9TH SEPTEMBER 1997, THE COUNTY COUNCIL IS
NOW THE HOLDER OF 2,900,000 SHARES REPRESENTING 5.18% OF THE ISSUED
SHARE CAPITAL.  THESE SHARES ARE HELD IN THE NAME OF NATWEST CLARO
NOMINEES LTD - A/C DCC FOR THE BENEFIT OF DEVON COUNTY COUNCIL
PENSION FUND.

BARRY WHITE
DEPUTY INVESTMENT MANAGER
DEVON COUNTY COUNCIL
COUNTY HALL
EXETER
EX2 4QJ

CARMEN HAKHAM
COMPANY SECRETARY

END

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Bullabulling (LSE:BGL)
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