Results to 26/11/03

RNS Number:1365T
Derby Trust PLC
11 December 2003

                                     DERBY TRUST p.l.c.

Further to the announcement made on 21st November 2003, at a Board meeting of
the company held today, 11th December 2003, the directors announce the following
details of the second interim dividend of 11.7718p per Income share to be paid
on 29th December 2003 to those shareholders on the register on the Record Date,
12th December 2003.

REVENUE ACCOUNT
for the period from 1st January 2003 to 26th November 2003

                                                   26th November
                                                       2003
                                 #                       #

Income from fixed
asset investments
Dividends and interest                                3,589,811

Other income
Short term interest                                     120,045

Gross revenue                                         3,709,856

Expenses and interest
Investment management fee     455,480
Other expenses                 97,749
                                                        553,229

Revenue from ordinary
activities before
taxation                                              3,156,627
Tax on revenue from
ordinary activities

Overseas tax                  134,678
Corporation tax                18,472
                                                        153,150

Revenue from ordinary
activities after
taxation for the period                               3,003,477

First interim dividend of 13.6598p
per share paid 31st August 2003                      (1,613,219)

Second interim dividend of 11.7718p
per share payable 29th December 2003                 (1,390,258)

                                                          -

Earnings per income share                              11.7718p



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