Top 10 Investments

Mid Wynd Inter Inv Trust PLC
05 January 2004

                  MID WYND INTERNATIONAL INVESTMENT TRUST PLC
   Statement of Top Ten Investments and all Holdings Over 5% of Total Assets


31 December 2003

No       Holding                                               % of Total Assets

1.       Baillie Gifford Pacific C                                    6.0%
2.       Golden West Financial                                        2.7%
3.       Altria Group                                                 2.1%
4.       Vodafone Group                                               2.0%
5.       Omnicom                                                      2.0%
6.       OAT France '98 IL 3% '09                                     1.8%
7.       GlaxoSmithKline                                              1.7%
8.       Pfizer                                                       1.6%
9.       Imperial Tobacco                                             1.6%
10.      Nokia                                                        1.5%


                                                           Baillie Gifford & Co.
                                                             Company Secretaries
                                                                  5 January 2004



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