Holding(s) in Company

British Empire Sec & Gen Tst PLC
21 November 2006

                  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

Shareholders 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) Limited 4,435,000 shares

Smith & Williamson Nominees Limited 129,570 shares

BNY (OCS) Nominees Limited 34,782 shares

Sun Life International Isle of Man Limited 102,248 shares

 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 disclosed

 8. Percentage of issued class

Not disclosed

 9. Class of security

Ordinary Shares

10. Date of transaction

19 November 2006

11. Date company informed

21 November 2006

12. Total holding following this notification

4,701,600  shares

13. Total percentage holding of issued class following this notification

2.94%

14. Any additional information



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