Disclosure of Interest

Atlantis Japan Growth Fund Ld
10 January 2006





                              COMPANY ANNOUNCEMENT



For immediate release

                                                               10th January 2006

                       Atlantis Japan Growth Fund Limited

                 Re: Section 198 Companies Act 1985 as amended

The Board of Directors of Atlantis Japan Growth Fund Limited announce that
pursuant to Section 198 Companies Act 1985:

Interested Person:                Newton Investment Management Limited

Registered Name:                  as above

Resultant Holding:                2,463,487 ordinary shares

Percentage of Share Capital:      12.05%

Date of Notification:             9th January 2006

Enquiries:

Liana Johnstone

HSBC Securities Services (Guernsey) Limited

+ 44 (0) 1481 707213




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