Holding(s) in Company

Witan Investment Trust PLC 16 May 2007 TR-1: Notifications of Major Interests in Shares Witan Investment Trust plc 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached x An event changing the breakdown of voting rights Other (please specify):______________ AXA S.A, 25 Avenue Matignon, 75008 Paris and its group companies 3. Full name of person(s) subject to notification obligation: 4. Full name of shareholder(s) (if different from 3): 10/05/2007 5. Date of transaction (and date on which the threshold is crossed or reached if different): 15/05/2007 6. Date on which issuer notified: 14% 7. Threshold(s) that is/are crossed or reached: 8: Notified Details A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transaction shares triggering transaction If possible Number of Number of Number of Number of voting rights Percentage of use ISIN code shares voting rights shares voting rights Direct Indirect Direct Indirect 0974406 35,013,390 35,013,390 34,768,115 34,768,115 245,275 13.92 0.10 B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ No. of voting rights Percentage of instrument conversion that may be acquired (if voting rights period/date the instrument exercised /converted) Total (A+B) Number of voting rights Percentage of voting rights 35,013,390 14.02% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14 Contact name: Terry Marsh 15. Contact telephone name: 020 7003 2637 For notes on how to complete form TR-1 please see the FSA website. A: Identity of the persons or legal entity subject to the notification obligation Full name AXA S.A and its group of companies (including legal form of legal entities) Contact address 25 Avenue Matignon, 75008 Paris (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Terry Marsh Contact address 7 Newgate Street, London EC1A 7NX, UK Phone number & email 020 7003 2637 Other useful information AXA IM UK is 100% direct subsidiary of AXA IM S.A, which is in turn indirectly wholly owned by AXA S.A. (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information This information is provided by RNS The company news service from the London Stock Exchange
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