Holding(s) in Company

Baring Emerging Europe Trust PLC
28 May 2002


A notice was received today from Deutsche Bank AG London advising that Deutsche
Bank AG and its subsidiary companies have a notifiable interest in 9,463,615
ordinary US$0.10 shares in The Baring Emerging Europe Trust PLC representing
8.08% of the relevant issued share capital.


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