Holding(s) in Company

Merrill Lynch UK Inv Tst PLC
29 May 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

     Merrill Lynch UK Investment Trust plc

2) Name of shareholder having a major interest

     Merrill Lynch Investment Services Limited - ITSS

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


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

      Merrill Lynch Investment Services Limited - ITSS

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

     879

8) Percentage of issued class

     0.006%

9) Class of security

     Ordinary shares of 50p each

10) Date of transaction

     28 May 2002

11) Date company informed

     29 May 2002

12) Total holding following this notification

     538,974


13) Total percentage holding of issued class following this notification

     3.99%

14) Any additional information



15) Name of contact and telephone number for queries

     K Rucht - 020 7743 5466

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

     as above


17) Date of notification 29 May 2002



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