Holding(s) in Company

Witan Inv Tst PLC
21 March 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company
WITAN INVESTMENT TRUST PLC


2) Name of shareholder having a major interest
GERRARD LIMITED


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
GERRARD LIMITED ON BEHALF OF DISCRETIONARY AND NON-DISCRETIONARY CLIENTS


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

CM1 NOMINEE LIMITED 15,500 SHARES

BL1 NOMINEE LIMITED 11,666 SHARES

AK1 NOMINEE LIMITED 6,000 SHARES

ER1 NOMINEE LIMITED 10,000 SHARES

AK1 NOMINEE LIMITED 10,000 SHARES


5) Number of shares/amount of stock acquired
-


6) Percentage of issued class
-

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security
2.7 PER CENT CUMULATIVE PREFERENCE SHARES OF £1


10) Date of transaction
NONE - AMALGAMATION OF HOLDINGS AS A RESULT OF AMALGAMATION OF BUSINESSES


11) Date company informed
21 March 2002


12) Total holding following this notification
53,166 (OF WHICH 10,000 ARE HELD ON A NON-DISCRETIONARY BASIS)



13) Total percentage holding of issued class following this notification
10.63% (OF WHICH 2.00% IS HELD ON A NON-DISCRETIONARY BASIS)


14) Any additional information
-

(15) Name of contact and telephone number for queries

G S RICE

020 7818 4469


16) Name and signature of authorised company official responsible for
making this notification
G S RICE FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED,
SECRETARY TO WITAN INVESTMENT TRUST PLC


Date of notification 21.03.2002


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