Holding(s) in Company

Insight Foundation Property Tst Ltd
28 February 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

INSIGHT FOUNDATION PROPERTY TRUST LIMITED

2. Name of shareholder having a major interest

HBOS PLC & it's subsidiaries

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

In respect of the shareholder named 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

HSDL Nominees Limited                                 2
HSBC Global Custody Nominees (UK) Limited       200,000
Chase Nominees Limited                      110,000,000

5. Number of shares / amount of stock acquired

Not disclosed

6. Percentage of issued class

Not disclosed

7. Number of shares / amount of stock disposed

Not disclosed

8. Percentage of issued class

Not disclosed

9. Class of security

Ordinary Shares of No Par Value

10. Date of transaction

Not disclosed

11. Date company informed

28 February 2005

12. Total holding following this notification

110,200,002

13. Total percentage holding of issued class following this notification

42.385%

14. Any additional information

n/a

15. Name of contact and telephone number for queries

J Lanyon
Tel: [phone]

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

J Lanyon
For and on behalf of RBSI Fund Services (Guernsey) Limited, Company Secretary

Date of notification

28 February 2005

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for loss of business or loss of profits) arising in contract, tort or otherwise
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