Notifiable Holding

Taverners Trust PLC
9 November 2001




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
THE TAVERNERS TRUST PLC

2   Name of shareholder having a major interest:
Quilter & 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:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
State Street Bank and Trust Company - 2,650,000 Ordinary 25p shares
Morgan Stanley Quilter Nominees Ltd - 200,000 Ordinary 25p shares

5   Number of shares/amount of stock acquired:
330,000

6   Percentage of issued class:
2.07%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Ordinary 25p shares

10  Date of transaction:
7 November 2001

11  Date company informed:
9 November 2001

12  Total holding following this notification:
2,850,000

13  Total percentage holding of issued class following this notification:
17.88%

14  Contact name for queries:
Ruth Humphrey

15 Contact telephone number:
020 7463 6305

16  Name of company official responsible for making notification:
Aberdeen Asset Management PLC - Secretaries

17  Date of notification:
9 November 2001


Additional Information: