Holding(s) in Company

Headline: Holding in Company

            Schedule 10 - Notification of Major Interests in Shares            

1. Name of Company

INVESCO Asia Trust plc

2. Name of shareholder having a major interest

BAE Systems - Pension Funds Investment Management

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse of children under the age of 18:

Notification in respect of shareholder named in 2 above

4. Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:

BAE Systems Pension Funds CIF Trustees Limited - 5,198,000

BAE Systems 2000 Pension Plan Trustees Limited - 4,100,000

5. Number of shares/amount of stock acquired:

N/A

6. Percentage of issued class:

N/A

7. Number of shares/amount of stock disposed:

150,000

8. Percentage of issued class:

0.14%

9. Class of security:

Ordinary Shares

10. Date of Transaction:

N/A

11. Date company informed:

23 May 2003

12. Total holding following this notification:

9,298,000

13. Total percentage holding of issued class following this notification:

8.77%

14. Contact name for queries:

Kerstin Rucht

15. Contact telephone number:

020 7065 4517

16. Name of company official responsible for making notification:

Kerstin Rucht

For INVESCO Asset Management Limited - Secretaries

17. Date of notification:

23 May 2003

Additional Information

Confirmation of shares held in response to a query in respect of the production
of the annual report of INVESCO Asia Trust plc.