Holding in Company

Liontrust Asset Management PLC
3 December 2001


                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

LIONTRUST ASSET MANAGEMENT PLC

2) Name of shareholder having a major interest

River & Mercantile Investment Management 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

AS IN 2

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

River & Mercantile Investment Management Limited (RAMIM) 2,302,342
Mark Johnson (director of RAMIM) 329,687
Mark Johnson Childrens' Trust 3,043
Sally Holder (director of RAMIM) 1704



5) Number of shares/amount of stock acquired



-



6) Percentage of issued class



-



7) Number of shares/amount of stock disposed



2,302,342



8) Percentage of issued class



6.92



9) Class of security



Ordinary 1p



10) Date of transaction



30 November 2001



11) Date company informed



30 November 2001



12) Total holding following this notification



2,636,776



13) Total percentage holding of issued class following this notification



7.93



14) Any additional information



-



15) Name of contact and telephone number for queries



David V Gibbons 020 7220 3217


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

David V Gibbons, Company Secretary

Date of notification: 3 December 2001