Holding(s) in Company

Monks Investment Trust PLC
17 August 2006


                         The Monks Investment Trust plc
                        Disclosure of interest in shares


The Monks Investment Trust plc has today been advised that following a sale of
256,266 Ordinary shares Standard Life Group no longer hold a notifiable interest
in the Company.

                                                            Baillie Gifford & Co
                                                             Company Secretaries
                                                                  17 August 2006


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