Holding(s) in Company

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company
     Edinburgh Dragon Trust plc

2)   Name of shareholder having a major interest
     Lazard & Co Ltd

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
     Lazard Asset Management LLC, Lazard Freres & Co LLC and Lazard LLC

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

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
     1,250,000

8)   Percentage of issued class
     0.55%

9)   Class of security
     Ordinary

10)  Date of transaction
     12 December 2003

11)  Date company informed
     15 December 2003

12)  Total holding following this notification
     24,429,900

13)  Total percentage holding of issued class following this notification
     10.78%

14)  Any additional information
     n/a

15)  Name of contact and telephone number for queries
     Valerie MacKenzie


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

     Date of notification 15 December 2003