Holding(s) in Company

Headline: Holding in Company

            Schedule 10 - Notification of Major Interests in Shares            

1. Name of Company

KEYSTONE INVESTMENT TRUST PLC

2. Name of shareholder having a major interest

MERRILL LYNCH INVESTMENT MANAGERS:

MERRILL LYNCH INVESTMENT SERVICES LIMITED - ITSS - 534,153

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 IS IN RESPECT OF THE 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:

THE NOTIFICATION IS IN RESPECT OF DISCRETIONARY MANAGEMENT CLIENTS WHO ARE
INVESTED IN AN UNAUTHORISED UNIT TRUST OF WHICH MERRILL LYNCH INVESTMENT
MANAGERS IS THE INVESTMENT MANAGER.

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:

2,664

8. Percentage of issued class:

0.02%

9. Class of security:

ORDINARY SHARES

10. Date of Transaction:

11 FEBRUARY 2003

11. Date company informed:

14 FEBRUARY 2003

12. Total holding following this notification:

534,153

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

3.99%

14. Contact name for queries:

KERSTIN RUCHT

15. Contact telephone number:

0207 065 4517

16. Name of company official responsible for making notification:

KERSTIN RUCHT

FOR INVESCO ASSET MANAGEMENT LIMITED - SECRETARIES

17. Date of notification:

14 FEBRUARY 2003

Additional Information