Rule 8 - Blue Plan.UTS (BPFU)

    FORM SAR 3


Date of disclosure

09th December 2003

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES (SARs)

Date of acquisition

05th December 2003

Acquisition in:

Blue Planet Financials Growth & Income Investment Trust Plc Units (Comprising 1
Ord. Share in each No.1  No.10)

1. Class of voting shares (eg ordinary shares)

Ordinary 10p shares

Number of shares/rights over shares acquired

4,000	Shares	        n/a	Rights

If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights

n/a

2. Resultant total holding of voting shares (and % of total voting shares in
issue)

253,500	                   18.66%

Resultant total holding of rights over shares (and % of total voting shares in
issue)

n/a	                    n/a

Total percentage

18.66%

3. Party making disclosure

Blue Planet Investments Ltd

4.(a) Name of person acquiring shares or rights over shares

Blue Planet Investments Ltd 

and, if different, beneficial owner

 Mr Kenneth C Murray (the owner of Blue Planet Investments Ltd)

(b) Names of any other persons acting by agreement or understanding (see SAR 5)

Blue Planet Investments Ltd

Signed, for and on behalf of the party named in (3) above

Mr Kenneth C Murray 

(Also print name of signatory)

Mr Kenneth C Murray

Telephone and extension number

0131 466 6666

Note.	
Under SAR 5, the holdings of and acquisitions by persons acting by agreement or
understanding must be aggregated and treated as a holding of or acquisition by
one person. Note 3 on SAR 5 requires persons who must aggregate holdings to
disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section.  Tel. No: 020 7638 0129.

Email:[e-mail]

END