Holding(s) in Company

Merchants Trust PLC
18 June 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

The Merchants Trust PLC

2) Name of shareholder having a major interest

Barclays PLC, through the following legal entities:

Barclays Private Bank Ltd

Barclays Bank Trust Company Ltd

Barclays Capital Securities Ltd

Barclays Global Investors Ltd

Barclays Private Bank and Trust Ltd

Barclays Life Assurance Co Ltd

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 above.

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

Registered Holder                                   Account                                       Holding
                                                    Designation

ALMLUFTTL-18409-CHASE MANHATTA                      ALMLUFTT                                      52,991
BARCLAYS CAPITAL SECURITIES LT                                                                    6,021
Barclayshare nominees limited                                                                     374
BB1964UKC-16530-CHASE MANHATTA                      BB1964UK                                      234,208
BBTCL & Others                                                                                    4,202
BBTCL AS EXECUTORS OF                                                                             7,853
BBTCL DMC69                                                                                       8,929
BBTCL KENNETH CAMPBELL                                                                            4,520
BBTCL NOMS & DYE                                                                                  3,845
BBTCL NOMS & ROSSDALE DR                                                                          847
BBTCL R69                                                                                         2,132,549
BBTCL T/CO & ADIE                                                                                 610
BBTCL T/CO & HANNAH                                                                               1,430
BBTCL T/CO CANIN H & CANIN PA                                                                     2,020
BLEQFDUKQ-16331-CHASE MANHATTA                      BLEQFDUK                                      10,255
BLEQPTUKQ-16341-CHASE MANHATTA                      BLEQPTUK                                      89,238
BLUKINTTL-16400-CHASE MANHATTA                      BLUKINTT                                      962,666
BROKER OR CLIENT NAME                                                                             7,545
CHATRKTTL-16376-CHASE MANHATTA                      CHATRKTT                                      21,552
CLIENT OWN NAME CERTIF'D-TST                                                                      19,005
CLIENT OWN NAME NON-CERT - TST                                                                    5,000
Swan Nominees Limited                                                                             98,427
ZEBAN NOMINEES LIMITED                                                                            45,200

                                                                                            Total 3,719,287

5) Number of shares/amount of stock acquired

-

6) Percentage of issued class

-

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security

Ordinary 25p shares


10) Date of transaction

-

11) Date company informed

17th June 2002

12) Total holding following this notification

-


13) Total percentage holding of issued class following this notification

3.64%


14) Any additional information

-


15) Name of contact and telephone number for queries

Kirsten Salt - 020 7475 5808

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

Kirsten Salt - Deputy Secretary

Date of notification 17th July 2002



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