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Jupiter Fin&Inc (JFI)

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Friday 08 June, 2001

Jupiter Fin&Inc

Holding in Company

Jupiter Financial & Income Tst PLC
8 June 2001

Jupiter Financial & Income Trust PLC ('the Company') received notice today
from LeggMason Investors Asset Managers plc ('LeggMason') that following the
acquisition of 5,000,000 Ordinary shares of the Company ('Shares') through the
Company's Initial Placing, portfolios under the management of Exeter hold an
aggregate of 5,000,000 Shares representing 6.67% of the issued share capital
of that class. LeggMason have also notified the Company today that their
client LeggMason Investors Income & Growth Trust plc hold 2,600,000 Shares
representing 3.47% of the issued share capital of that class.