Holding(s) in Company

British Empire Sec & Gen Tst PLC
03 December 2004

                                  SCHEDULE 10

                  NOTIFICATION OF MAJOR INTEREST(S) IN SHARES



 1. Name of company

    ECOFIN WATER & POWER OPPORTUNITIES PLC
 2. Name of shareholder having a major interest

    Utilico Investment Trust plc
 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

    Chase Nominees Limited
 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

    2,519,333
 8. Percentage of issued class

    3.60%
 9. Class of security

    Income Shares of 1p
10. Date of transaction

    30 November 2004
11. Date company informed

    3 December 2004
12. Total holding following this notification

    Nil Income Shares
13. Total percentage holding of issued class following this notification

    0%
14. Any additional information




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