Holding(s) in Company

Electra Investment Trust PLC
1 February 2002


Electra Investment Trust PLC ('the Company'): Disclosure of Interest in Shares

The Company has been informed by a letter dated 30 January 2002 from Legal &
General Investment Management Limited that they no longer have a notifiable
interest in the Ordinary Shares of the Company.
 
 
For further information:

Philip Dyke, Secretary, Electra Investment Trust PLC:  Telephone: [phone]



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