Holding in Company

Finsbury Trust PLC
22 November 2000

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Finsbury Trust PLC

2) Name of shareholder having a major interest

Cater Allen International 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

Not stated

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

Not stated

5) Number of shares/amount of stock acquired

259,091

6) Percentage of issued class

3.2%

7) Number of shares/amount of stock disposed

n/a

8) Percentage of issued class

n/a

9) Class of security

Ordinary shares of 5 pence each

10) Date of transaction

14 November 2000

11) Date company informed

22 November 2000

12) Total holding following this notification

259,091


13) Total percentage holding of issued class following this notification

3.2%

14) Any additional information

The shares were borrowed by Cater Allen International Limited from a
counterparty under a stock borrowing transaction.