Holding(s) in Company

Mid Wynd Inter Inv Trust PLC
21 April 2004


                  Mid Wynd International Investment Trust PLC

                        Disclosure of Interest in Shares


Mid Wynd International Investment Trust PLC has today been advised that
following a sale of 15,000 ordinary 25p shares, Merchant Investors Assurance
Company Ltd. now holds 235,964 ordinary shares in the Company, which equates to
4.69% of the issued share capital.


                                                           Baillie Gifford & Co.
                                                          Managers & Secretaries

                                                                   21 April 2004

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