Holding(s) in Company

Caledonian Trust PLC
18 April 2007

           Caledonian Trust plc ('Caledonian Trust' or the 'Company')



                            Holdings in the Company



The Board of Caledonian Trust announces that, pursuant to implementation of the
Financial Services Authority's Disclosure and Transparency Rules, they have
received formal notifications of the following beneficial holdings in the issued
share capital of the Company:


Shareholder                           Ordinary shares               Holding
                                                                          %

Ian Douglas Lowe                            9,324,582                78.47%
Michael James Baynham                         730,191                 6.14%



The ordinary shares referred to above are ordinary shares of 20p each in the
Company.



For further information, please contact:

Douglas Lowe, Chairman and Chief Executive Officer        Tel: [phone]

Alasdair Robinson, Noble & Company Limited                Tel: [phone]






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