Holding(s) in Company

Herald Investment Trust PLC
14 August 2007





TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES



(1). Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

...Herald Investment Trust PLC...........



2. Reason for the notification (please state Yes/No):

.................



An acquisition or disposal of voting rights:

...Yes..............



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:

.................



An event changing the breakdown of voting rights:

.................



3. Full name of person(s) subject to the notification obligation (iii):

...Legal & General Group Plc (L&G)...............





4. Full name of shareholder(s) (if different from 3.) (iv):

...Legal & General Assurance (Pension Management) Limited PMC)..............



5. Date of the transaction and date on which the threshold is crossed or
reached (v):

...8 August 2007..............



6. Date on which issuer notified:

...13 August 2007..............



7. Threshold(s) that is/are crossed or reached:

...From 3% - 4% (L&G)..............



8. Notified details:

.................



A: Voting rights attached to shares


Class/type of shares if possible  Situation previous to the          Resulting situation after the
using the ISIN CODE               Triggering transaction (vi)        triggering  transaction (vi)
                                  Number of shares                   Number of voting Rights (viii)


Ord GBP                           3,347,218                          3,347,218

0.25

GB0004228648





Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect


Ord GBP                      3,519,006                3,519,006                         4.04

0.25

GB0004228648





B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.


n/a





Total (A+B)
Number of voting rights        % of voting rights


3,519,006                      4.04



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

...
Legal & General Group Plc (Direct and Indirect) (Group)

Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (3,519,006 - 4.04% = LGAS, LGPL & PMC)
Legal & General Investment Management (Holdings) Limited     Legal & General Insurance Holdings Limited (Direct) (LGIH)
(Direct) (LGIMHD) (3,112,037 - 3.57%=PMC)
Legal & General Assurance (Pensions Management) Limited      Legal & General Assurance Society Limited  (LGAS & LGPL)
(PMC) (3,112,037 - 3.57%=PMC)
                                                             Legal & General Pensions Limited (Direct)  (LGPL)

...............

Proxy Voting:



10. Name of the proxy holder:

...n/a..............



11. Number of voting rights proxy holder will cease to hold:

.................



12. Date on which proxy holder will cease to hold voting rights:

.................



13. Additional information:

     ...Notification using the total voting rights figure of 86,971,010....

...Please note this notification has been delayed due to the large number of
disclosures required following a substantial amount of new business which has
come to us in the form of an in-specie transfer..............



14. Contact name:

...Lynn Mathewson..............



15. Contact telephone number:

...0131 275 3185..............


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