Jersey Phoenix Trust Ld
6 July 2001
LETTER TO COMPANY ANNOUNCEMENTS OFFICE
Notification of Major Interest in Ordinary 10p Shares
We hereby inform you that we were notified today of a sale on 4 July 2001 of
500,000 Ordinary 10p shares by BFS Equity Income & Bond Trust Limited.
The transaction takes the Trust's holding to 835,000 Ordinary 10p shares
representing a holding of less than 3% of the issued class. The shares are held
in the name of Rock Nominees Limited, designated R842.
LETTER FROM JERSEY PHOENIX TRUST LIMITED