Holding(s) in Company

British Empire Sec & Gen Tst PLC
11 September 2002



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
British Empire Securities and General Trust p.l.c.

2. Name of shareholder having a major interest
Millennium Partners, L.P.

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
BC Nominees #2 Ltd.

5. Number of shares / amount of stock acquired




6. Percentage of issued class




7. Number of shares / amount of stock disposed
334,000 Shares on 15 August and 3,500,000 Shares on 19 August 2002

8. Percentage of issued class
0.21% and 2.16% respectively

9. Class of security
Ordinary 10p shares

10. Date of transaction
15 August and 19 August 2002





11. Date company informed
11 September 2002

12. Total holding following this notification
6,166,000

13. Total percentage holding of issued class following this notification
3.81%

14. Any additional information




15. Name of contact and telephone number for queries
Ruth Humphrey, 020 7463 6305

16. Name and signature of authorised company official responsible for making
this notification
Aberdeen Asset Management PLC - Secretaries

Date of notification
11 September 2002




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