RNS No 2161x
VOYAGEUR EUROPEAN SMALLER COMPANIES TRUST PLC
10th November 1997


At the Extraordinary General Meeting of the Company and the General Meeting of
Warrantholders held today, the resolutions set out in the notices of those
meetings at the end of the circular dated 17 October 1997 to Shareholders and
Warrantholders were unanimously passed.  Accordingly, subject to the conditions
referred to in the notices, the scheme of arrangement set out in the circular
has been approved.


END

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