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Anglo & Overseas Tst (AOT)

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Tuesday 08 June, 2004

Anglo & Overseas Tst

Holding(s) in Company

Anglo & Overseas Trust PLC
08 June 2004

The London Stock Exchange
Courier Delivery Entrance
Old Broad Street
London EC2

8 June 2004

Dear Sirs

We wish to announce that we have today been informed by Carrousel Capital
Limited that it has a holding of 6,775,000 ordinary shares in this Company
representing 6.48% of the issued share capital. The shares are held as follows:

Carrousel Fund - 3,950,000 shares

Carrousel Fund II - 2,825,000 shares

Yours faithfully

M Pope

Joint Company Secretary

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