Holding(s) in Company

Baring Emerging Europe Trust PLC
28 February 2002


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE
 
A notice was received today from Laxey Partners Ltd advising that, they have an
interest as discretionary investment manager having control of the same in
15,740,729 ordinary US$0.10 shares in the Baring Emerging Europe Trust plc
representing 13.44% of the relevant issued share capital. These shares are
registered as follows:-


CSFB Nominees Ltd                                   15,740,729


LETTER FROM: THE BARING EMERGING EUROPE TRUST PLC

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