Transaction in Own Shares

RNS Number:6204L
Finsbury Life Sciences Inv Tst PLC
27 April 2005

                                                                   27 April 2005





                 FINSBURY LIFE SCIENCES INVESTMENT TRUST PLC

                                (the "Company")



                    MARKET PURCHASE OF COMPANY'S OWN SHARES



Notification is given pursuant to the authority granted at the Annual General
Meeting of the Company held on 6 August 2004 to make market purchases of the
Company's own shares up to an aggregate maximum of 4,511,990.



That, a market total of 185,000 Ordinary shares of 25p each in the capital of
the Company was purchased by the Company today at a price of 96.50p per share
for cancellation.



The total number of Ordinary shares repurchased for cancellation is 2,610,000.
The number of Ordinary shares that the Company has in issue, less the total
number of Ordinary shares repurchased for cancellation following such purchase
and cancellation will be 27,490,000.





For and on behalf of

Close Finsbury Asset Management Limited

Company Secretary



For further information, please contact:



Alastair Smith

Close Finsbury Asset Management Limited

Tel: [phone]



Tracey Lago

Close Finsbury Asset Management Limited

Tel: [phone]




                      This information is provided by RNS
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