REG-Gartmore Fldg Trust: Transaction in Own Shares

Gartmore Fledgling Trust plc

Transaction in Own Securities

Gartmore Fledgling Trust plc, managed by Gartmore Investment Limited, today
purchased for cancellation 50,000 Ordinary 25p shares at a price of 325.0 pence
per share.

The purchase represents 0.24% of the Ordinary shares in issue and is the ninth
purchase of Ordinary shares pursuant to a general authority granted by
shareholders at the Company's Annual General Meeting held on 28 September 2007.
The Company has repurchased 1.53% of its Ordinary shares since that date.

The purchase and cancellation will reduce the number of Ordinary shares in
issue to 20,438,580. The Company holds no shares in Treasury.

Total Voting Rights

As a consequence of the purchase and cancellation, the Company's share capital
comprises 20,438,580 Ordinary shares of 25p each, with each Ordinary share
carrying the right to one vote.

The above figure of 20,438,580 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the Disclosure and Transparency Rules.

Gartmore Investment Limited

Company Secretary

15 January 2008

END