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Armour Trust PLC (AMR)

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Tuesday 07 August, 2001

Armour Trust PLC

Holding in Company

Armour Trust PLC
6 August 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ARMOUR TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

RICHARD CORSIE

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

SHAREHOLDER NAMED IN 2.

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

BANK OF SCOTLAND BRANCH NOMINEES LTD     958,297
BALANCE - HOLDER NOT KNOWN               261,703


5)   Number of shares acquired.

1,220,000

6)   (3.02%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES

10)  Date of transaction

6/8/2001

11)  Date company informed

6/8/2001

12)  Total holding following this notification

1,220,000               
              
13)  Total percentage holding of issued class following this notification

3.02

14)  Any additional information



15)  Name of contact and telephone number for queries

D.W. WRIGHT
01892 502700

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .......6 AUGUST 2001 .................