8th September, 2008

The Henderson Industries of the Future fund and the Henderson Global Care UK Income fund have consistently reduced their carbon emissions over the past three and four years respectively according to a report released today. The Carbon Audits* conducted by Henderson Global Investors and Trucost plc, an environmental research organisation, also revealed that the two funds' emissions remain significantly lower than their index benchmarks.

The Carbon Audits, which have been conducted since 2005**, monitor the carbon efficiency and level of greenhouse gas emissions produced by companies held in the funds and are part of Henderson's commitment to communicate the extra-financial performance of these funds.

The Henderson Global Care UK Income Fund is 45% more carbon efficient than the FTSE All Share Index. On average £1m invested in the fund produces 317 tonnes of CO2e*** compared with 575 tonnes of CO2e if the same amount were invested in the FTSE All Share. This is the fourth year that the levels of carbon in the portfolio have been measured and the fourth year in succession that the levels have fallen.

The global Henderson Industries of the Future fund is 40% more carbon efficient than the MSCI World Index. On average £1m invested in the fund produces 458 tonnes of CO2e* compared with 761 tonnes of CO2e if the same amount were invested in the MSCI World Index. The carbon in the portfolio has fallen annually since measurement began three years ago.

George Latham, head of SRI funds at Henderson Global Investors said: "We firmly believe that, other things being equal, companies with lower carbon emissions and a strategy to further reduce their footprint will outperform their peers. Understanding the carbon footprint of our funds, as well as how individual companies perform, helps us to ensure that the funds are well-placed to benefit from further constraints on carbon emissions. This research has proven that investors can be confident that by investing in these SRI funds they can be sure that their investments are minimising their contribution to climate change."

Dr. Richard Mattison, Managing Director at Trucost, said: "The results of the Carbon Audits indicate that the companies invested in are much more carbon efficient than their sector peers in both the FTSE All-Share and MSCI AWD benchmarks. This is mainly driven by stock selection decisions. The declining carbon footprints of the funds indicate continuous improvement in the funds' exposure to carbon costs."

George Latham continued: "With Trucost's expertise we are able to demonstrate to our clients that our funds deliver the strong environmental performance that our clients demand."

* Source: The Carbon Audit of the Henderson Global Care UK Income Fund and The Carbon Audit of the Henderson Industries of the Future Fund.
** Since 2005 for the Global Care UK Income fund and since 2006 for the Industries of the Future fund.
***CO2e = Carbon dioxide equivalent

Download:
The 2008 Carbon Audit of the Henderson Industries of the Future Fund
The 2008 Carbon Audit of the Henderson Global Care UK Income Fund

Press enquiries

Henderson Press Office 020 7818 4222
Laura Cook / Susan Lakeman pressoffice@henderson.com

Trucost: Brunswick Group
Tom Williams and Matt O'Leary
+44 (0) 20 7404 5959
trucost@brunswickgroup.com

Notes to editors

About the Carbon Audits

The Carbon Audits were carried out during 2008 by independent consultant Trucost and analysed the level of greenhouse gas emissions by companies held in the funds' portfolios on 31st December 2007. The greenhouse gas emissions from each company are taken into account as well as the indirect emissions from the first tier of suppliers (eg from purchasing electricity). Each holding's contribution to the emissions profile of the fund is then calculated on an equity ownership basis. The carbon footprint of the fund is the sum of all of these contributions. The carbon intensity of the fund is the carbon footprint normalised by the turnover owned. This analysis is also carried out on the funds' benchmarks for the purposes of comparison.

About Trucost

Trucost Plc is a world-leading environmental research organisation which helps companies and investors understand the environmental impacts of business activities. Trucost provides data and analysis on company emissions and natural resource usage in financial as well as quantity terms to help investors, fund managers and analysts understand how environmental issues could affect companies' future earnings. Institutional investors use the information to assess the carbon or environmental footprints of their portfolios, to identify differences in performance, to address environmental risks and create structured products with lower carbon or environmental impacts.

Trucost tracks data on the environmental impacts and disclosures of over 4,200 companies and has the world's largest record of greenhouse gas emissions. Coverage includes the FTSE All-Share, S&P 500, Russell 1000, Nikkei 225, DJ STOXX 600, MSCI World Developed, MSCI Europe, MSCI Asia ex-Japan and ASX 200 indices.

About Henderson Global Investors

Established in 1934, Henderson Global Investors is a leading independent global asset management firm. The company provides its institutional, retail and high net-worth clients with access to skilled investment professionals representing a broad range of asset classes, including equities, fixed income, property and private capital. Headquartered in London, Henderson is one of Europe's largest investment managers, with £52.6 billion (€66.4bn / $ 104.7bn) assets under management (as at 30 June 2008) and employs around 900 people world-wide.