Holding(s) in Company

British Empire Sec & Gen Tst PLC
10 November 2004

                                  SCHEDULE 10

                  NOTIFICATION OF MAJOR INTEREST(S) IN SHARES



 1. Name of company

      British Empire Securities and General Trust plc
 2. Name of shareholder having a major interest

    Axa SA and Group Companies
 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

    Shareholder named in 2 above
 4. Name of registered holder(s) and, if more than one holder, the number of
    shares held by each of them

    HSBC Global Custody Nominee (UK) Ltd a/c 867530 - 4,725,000

    HSBC Global custody Nominee (UK) Ltd a/c 867268 - 7,780,000

    Smith & Williamson Nominees Ltd a/c S66 - 148,825

    BNY (OCS) Nominees Ltd - 62,819

    Sun Life International a/c SLI11 - 52,012
 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

    Not known
 8. Percentage of issued class

      N/A
 9. Class of security

    Ordinary Shares of 10p each
10. Date of transaction

      Not known
11. Date company informed

    10 November 2004
12. Total holding following this notification

    12,768,656
13. Total percentage holding of issued class following this notification

    7.98%
14. Any additional information




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