Holding(s) in Company

Lindsell Train Investment Trust PLC
23 January 2007

TR-1:      NOTIFICATION OF MAJOR INTERESTS IN SHARES
                                                                
1. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:                         The Lindsell Train Investment Trust plc

2. Reason for the notification     (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights

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

Other (please specify):                                                         X

Initial holding on implementation of Transparency Directive

3. Full name of person(s) subject to the notification                           RATHBONE BROTHERS PLC
obligation:

4. Full name of shareholder(s) (if different from 3.):                          RATHBONE BROTHERS PLC

                                                                                Rathbone Investment Management Limited

5. Date of the transaction (and date on which the threshold is                  20 January 2007
crossed or reached if different):

6. Date on which issuer notified:                                               23 January 2007

7. Threshold(s) that is/are crossed or reached:                                 5%



8. Notified details:

A: Voting rights attached to shares

Class/type of     Situation previous to   Resulting situation after the triggering transaction
shares            the Triggering
                  transaction
 if possible      Number of   Number of   Number of   Number of voting rights % of voting rights
using the ISIN    Shares      Voting      shares
CODE                          Rights i    Direct      Direct      Indirect    Direct      Indirect
     
75p Ordinary

GB 0031977944     13,585      13,585      n/a         n/a         13,585      n/a         6.79%


B: Financial Instruments

Resulting situation after the triggering transaction

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


      n/a             n/a            n/a                       n/a                         n/a


Total (A+B)

Number of voting rights                           % of voting rights


13,585                                            6.79%


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

RATHBONE BROTHERS PLC is the holding company of

Rathbone Investment Management Limited


Proxy Voting:

10. Name of the proxy holder:                                                   n/a

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

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


13. Additional information:                                                     n/a

14. Contact name:                                                               COMPLIANCE DEPARTMENT

15. Contact telephone number:                                                   020 7399 0000








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