Gartmore International Fixed Interest Fund Merger

Gartmore announces the intention to merge the Gartmore International Fixed Interest Fund (“the Fund”) into the Gartmore Corporate Bond Fund on 26th January 2007, subject to requisite FSA and investor approval.

Gartmore has reviewed the Fund and believes that the merger will produce efficiency savings for the Fund’s shareholders. The aim of the proposal is to ensure that investors continue to receive a focused and efficient approach to the management of their assets.

The Gartmore Corporate Bond Fund aims to provide a high and stable level of income by investing mainly in a selection of UK and European securities. The Fund is managed by Karl Bergqwist and Simon Surtees who have over 34 years combined industry experience. The Fund’s performance has been impressive over the past five years. The Fund is ranked 1st quartile in the IMA UK Corporate Bond sector over 1, 3 and 5 years to 31st October 2006.