Holding(s) in Company

Govett Strategic Trust plc
06 August 2002


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


        1) Name of company

        Govett Strategic Trust plc

        2) Name of shareholder having a major interest

        Barclays Plc

        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

        Barclays Life Assurance Co Ltd & Barclays Global Investors Ltd

        4) Name of the registered holder(s) and, if more than one holder, the
        number of shares held by each of them


                                                         Designation                                  number of shares

ALMLUFTTL 18409 Chase Manhattan                          ALMLUFTT                                              188,960

BB1964UKC 16530 Chase Manhattan                          BB1694UK                                               67,943

BLEQFDUKQ 16331 Chase Manhattan                          BLEQFDUK                                               75,565

BLEQPTUKQ 16341 Chase Manhattan                          BLEQPTUK                                              318,183

BLUKINTTL 16400 Chase Manhattan                          BLUKINTT                                            3,825,894

CHATRKTTL 16376 Chase Manhattan                          CHATRKTT                                               86,425


        5) Number of shares/amount of stock acquired

        Not Advised

        6) Percentage of issued class

        -

        7) Number of shares/amount of stock disposed

        -

        8) Percentage of issued class
        -

        9) Class of security

        Ordinary shares of 1 penny each

        10) Date of transaction

        30th July 2002

        11) Date company informed

        5 August 2002

        12) Total holding following this notification

        4,562,970 Shares


        13) Total percentage holding of issued class following this notification

        6.89%


        14) Any additional information

        -

        15) Name of contact and telephone number for queries

        Eleanor Cranmer 020 7940 5742

        16) Name and signature of authorised company official responsible for
        making this notification

        Eleanor Cranmer

        Date of notification 6 August 2002


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