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Alternative Inv Stra (AIS)

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Friday 05 October, 2001

Alternative Inv Stra

Holding in Company

Alternative Invest. Strategies Ld
5 October 2001



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Alternative Investment Strategies Limited 

2   Name of shareholder having a major interest:
The Fleming Overseas Investment Trust 

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:
As in 2 above

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Chase Nominees Limited A/c CMBFLEM

5   Number of shares/amount of stock acquired:
1,575,312

6   Percentage of issued class:
9.36%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Redeemable Ordinary

10  Date of transaction:
13/8/2001

11  Date company informed:
13/8/2001

12  Total holding following this notification:
1,575,312

13  Total percentage holding of issued class following this notification:
9.36%

14  Contact name for queries:
Graham Taylor

15 Contact telephone number:
01481 710607

16  Name of company official responsible for making notification:
Graham Taylor

17  Date of notification:
4/10/2001


Additional Information:
Acquired through conversion of C Shares