Holding in Company

Bankers Investment Trust PLC
13 September 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
THE BANKERS INV. TRUST PLC 

2   Name of shareholder having a major interest:
MERCHANT INVESTORS ASSURANCE COMPANY LIMITED

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:
AS IN 2 ABOVE

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
THE BANK OF NEW YORK (NOMINEES) LIMITED - 5,906,088

5   Number of shares/amount of stock acquired:
300,000

6   Percentage of issued class:
INSIGNIFICANT

7   Number of shares/amount of stock disposed:
--

8   Percentage of issued class:
--

9   Class of security:
ORDINARY SHARES OF 25P

10  Date of transaction:
11 SEPTEMBER 2000

11  Date company informed:
13 SEPTEMBER 2000

12  Total holding following this notification:
5,906,088

13  Total percentage holding of issued class following this notification:
4.17%

14  Contact name for queries:
MRS WENDY KING

15 Contact telephone number:
020 7410 4233

16  Name of company official responsible for making notification:
HENDERSON SECRETARIAL SERVICES LIMITED

17  Date of notification:
13 SEPTEMBER 2000





Additional Information: