Holding(s) in Company

Atlantis Japan Growth Fund Ld
1 July 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
ATLANTIS JAPAN GROWTH FUND LIMITED


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
SOUTH YORKSHIRE PENSIONS AUTHORITY


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



4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
HSBC GLOBAL CUSTODY (UK) NOMINEE - 771096


5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class


7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class


9)   Class of security
ORDINARY


10)  Date of transaction
30/06


11)  Date company informed
1/7


12)  Total holding following this notification
1,053,500

               
13)  Total percentage holding of issued class following this notification
5.16%


14)  Any additional information
N/A


15)  Name of contact and telephone number for queries
TAMSIN HOOTON
01481 707088


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

     Date of Notification 1 JUL 2003


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