Holding in Company

Mercury Grosvenor Trust PLC
12 June 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company:

Mercury Grosvenor Trust plc

2) Name of shareholder having a major interest:

Merrill Lynch Investment Managers Limited and other companies in the Merrill
Lynch Group, including Merrill Lynch & Co., Inc.

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:

Beneficial and non-beneficial, as indicated

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

Nutraco Nominees Limited
(Designated & Undesignated): 2,700,517 Non-Beneficial
Wimco Nominees Limited: 396,840 Beneficial
Mamco Nominees (Jersey) Limited: 184,466 Beneficial
Stamford Nominees Limited: 349,000 Non-Beneficial
Mercury Life Nominees Limited: 27,500 Beneficial
Stamford Nominees Limited A/C Charity: 358,000 Non-Beneficial
Other name(s): 511,816 Non-Beneficial


5) Number of shares/amount of stock acquired:

N/A

6) Percentage of issued class:

N/A

7) Number of shares/amount of stock disposed:

221,960

8) Percentage of issued class:

0.88%

9) Class of security:

Ordinary shares of 25p each

10) Date of transaction:

8 June 2001

11) Date company informed:

12 June 2001

12) Total holding following this notification:

4,528,139


13) Total percentage holding of issued class following this notification:

17.97%

14) Any additional information:



15) Name of contact and telephone number for queries:

Miss K Rucht - 020 7743 5466

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

Miss K Rucht
For Merrill Lynch Investment Managers Group Services Limited
Secretary

17) Date of notification:


        12 June 2001