(BST)

Capital Structure

Ordinary 25p shares in issue 24,909,402

19 Mar 08	The Company announces the buyback of 10,000 shares to be held in treasury.
5 Mar 08	The Company announces the buyback of 25,000 shares to be held in treasury.
8 Feb 08	The Company announces the buyback of 10,000 shares to be held in treasury.
17 Jan 08	The Company announces the buyback of 27,500 shares to be held in treasury.
16 Jan 08	The Company announces the buyback of 6,500 shares to be held in treasury.
15 Jan 08	The Company announces the buyback of 14,000 shares to be held in treasury.
6 Dec 06	The Company announces the buyback of 19,211 shares to be held in treasury.
5 Dec 06	The Company announces the buyback of 34,169 shares to be held in treasury.
27 Nov 06	The Company announces the buyback of 97,499 shares to be held in treasury.
26 Nov 06	The Company announces the buyback of 32,375 shares to be held in treasury.
23 Nov 06	The Company announces the buyback of 7,977 shares to be held in treasury.
21 Nov 06	The Company announces the buyback of 25,000 shares to be held in treasury.
19 Nov 06	The Company announces the buyback of 43,000 shares to be held in treasury.
16 Nov 06	The Company announces the buyback of 34,500 shares to be held in treasury.
15 Nov 06	The Company announces the buyback of 69,000 shares to be held in treasury.
27 Jan 06	The Company announces the allotment of 175,000 ordinary shares.
11 Jan 06	The Company announces the allotment of 100,000 shares under its block listing facility.
29 Nov 05	The Company announces the issue of 425,000 new shares on the 29/11/205
18 Oct 05	The Company announces the allotment on 18th October 2005 of 150,000 ordinary shares of 25p each under its block listing facility.
29 Sep 05	The Company announces the allotment on 29th September 2005 of 325,000 ordinary shares of 25p each under its block listing facility.
23 Sep 05	The Company announces the allotment on 23rd September 2005 of 100,000 ordinary shares of 25p each under its block listing facility.
29 Jul 05	The Company announces the allotment on 29th July 2005 of 480,000 ordinary shares of 25p each under its block listing facility.
14 Feb 05	The Company announces the allotment on 14th February 2005 of 140,000 ordinary shares of 25p each under its block listing facility.
31 May 01	25,000 Ordinary shares purchased for cancellation at 174p.
12 Apr 01	300,000 Ordinary shares purchased for cancellation at 168p.
16 Mar 01	250,000 Ordinary shares purchased for cancellation at 178.5p.
15 Mar 01	60,000 Ordinary shares purchased for cancellation at 179.5p.
14 Mar 01	200,000 Ordinary shares purchased for cancellation at 171p.
12 Mar 01	100,000 Ordinary shares purchased for cancellation at 177p.
28 Feb 01	260,000 Ordinary shares purchased for cancellation at 191.5p.
27 Feb 01	100,000 Ordinary shares purchased for cancellation at 190p.
8 Jun 00	25,000 Ordinary shares purchased for cancellation at 175p.
1 Jun 00	130,000 Ordinary shares purchased for cancellation at 166p.
25 May 00	330,000 Series B Warrants purchased for cancellation at 78p.
22 May 00	453,796 Series A Warrants and 1,712,046 Series B Warrants purchased for cancellation at 124.5p and 85.25p respectively.
26 Apr 00	575,000 Ordinary shares purchased for cancellation at 160.5p per share.
20 Apr 00	510,899 Ordinary shares purchased for cancellation at 159p per share.
20 Mar 00	63,740 Series A Warrants and 39,549 Series B Warrants purchased for cancellation at 130p and 88p respectively.
26 Jan 00	200,000 Series B Warrants purchased for cancellation at 91p.
16 Dec 99	55,000 Series A Warrants and 135,000 Series B Warrants purchased for cancellation at 114p and 74p respectively.
6 Aug 99	10,000 Ordinary shares allotted following the conversion of 10,000 Series A Warrants.
21 Jul 99	20,758 Series A Warrants purchased for cancellation at 104p.
14 Jul 99	265,561 Series B Warrants purchased for cancellation at 60p.
18 Jun 99	65,000 Series A and 65,000 Series B Warrants purchased for cancellation at 85p and 45.5p respectively.
9 Apr 99	25,655,296 Ordinary shares and 921,596 Series A Warrants were purchased for cancellation at 122.97p and 52.05p respectively under the terms of a tender offer.
19 Mar 99	8,638,536 Ordinary shares were issued when a scheme of arrangement to acquire certain assets of Aberdeen Emerging Investment Trust Limited became effective,
September 1994 to September 1997	A total of 3,259 Ordinary shares issued following the exercise of 1,700 Series A Warrants, 1,065 Series B Warrants and 494 Series C Warrants.
15 Aug 94	The 'C' shares were converted into 13,150,099 Ordinary shares of 25p and 2,629,676 Series C Warrants conferring the right to subscribe for one Ordinary share of 25p at 270p.
9 Mar 94	12,648,506 'C' shares of Ł1 each issued in connection with a Placing and Open Offer to shareholders at 250p.
Sep 93	4,237 Ordinary shares issued following the exercise of 2,300 Series A Warrants and 1,937 Series B Warrants.
Sep 91	6,500 Ordinary shares issued following the exercise of 6,500 Series A Warrants.
1 Nov 89	15,000,000 Ordinary shares of 25p each issued with 3,000,000 Series B Warrants attaching, each conferring the right to subscribe for one Ordinary share of 25p at 135p in connection with a Placing and Offer to shareholders at 128p.
12 May 89	15,000,000 Ordinary shares of 25p each placed at 100p with 3,000,000 Series A Warrants attaching, each conferring the right to subscribe for one Ordinary share of 25p at 95.88p.