RNS No 0002c
CALEDONIAN TRUST PLC
29 October 1998


Caledonian Trust Plc
Change of Nominated Adviser

The Board of Caledonian Trust Plc announces that, as a consequence of the
acquisition of Neill Clerk Capital Ltd by Noble & Company Ltd, it has
appointed Noble & Company Ltd as Nominated Adviser to the Alternative
Investment Market with effect from 1 November, 1998.

END

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