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World Trust Fund (WTR)

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Thursday 22 March, 2001

World Trust Fund

Holding in Company

World Trust Fund
21 March 2001



Pursuant to Section 198 of the Companies Act 1985 (the 'Act'), the following
information is provided as notification of a change in interests of the
undermentioned person (the 'Interested Person') in the Company's Ordinary Shares
(the 'Relevant Share Capital').

1.  Interested Person:       President and Fellows of Harvard College
                              c/o Harvard Management Company, Inc.
                                  

2.  Relevant Shares:         544,323 ordinary shares of the World Trust Fund

3.  Registered Holder:       Vidacos Nominees Ltd

4.  The interests disclosed are not of those mentioned in section 208(5) of the 
    Act.