Holding(s) in Company

British Empire Sec & Gen Tst PLC
22 November 2006

                  NOTIFICATION OF MAJOR INTEREST(S) IN SHARES



 1. Name of issuer

 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 4,599,157 shares

Smith & Williamson Nominees Limited 126,570 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

Not disclosed

 6. Percentage of issued class

Not disclosed

 7. Number of shares/amount of stock disposed

n/a

 8. Percentage of issued class

n/a

 9. Class of security

 Ordinary Shares

10. Date of transaction

20 November 2006

11. Date issuer informed

22 November 2006

12. Total holding following this notification

4,862,757 shares

13. Total percentage holding of issued class following this notification

3.04%

14. Any additional information



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