Holding(s) in Company

New India Investment Trust PLC
20 June 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


New India Investment Trust PLC



2. Name of shareholder having a major interest


Advance Developing Markets Trust plc



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 or children under the age of 18


In respect of 2 above



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


Nortrust Nominees Limited A/C ADT01



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


100,000 Ordinary 25p shares



8. Percentage of issued class


0.21%



9. Class of security


Ordinary 25p shares



10. Date of transaction


15 June 2005






11. Date company informed


17 June 2005



12. Total holding following this notification


4,327,232 Ordinary 25p shares





13. Total percentage holding of issued class following this notification


9.05%



14. Any additional information






15. Name of contact and telephone number for queries


Charles Mearns, 0131 313 6442



16. Name and signature of authorised company official responsible for making
this notification


Aberdeen Asset Management PLC - Secretary



Date of notification


20 June 2005



                      This information is provided by RNS
            The company news service from the London Stock Exchange