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Armour Trust PLC (AMR)

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Thursday 01 August, 2002

Armour Trust PLC

Holding(s) in Company

Armour Trust PLC
01 August 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company


Armour Trust plc

2)   Name of shareholder having a major interest


Southwind Limited

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

As in 2 above

5)   Number of shares/amount of stock acquired

550,000

6)   Percentage of issued class

1.36%

7)   Number of shares/amount of stock disposed

-

8)   Percentage of issued class

-

9)   Class of security

Ordinary shares

10)  Date of transaction

30 July 2002

11)  Date company informed


31 July 2002


12)  Total holding following this notification

8,760,152


13)  Total percentage holding of issued class following this notification

21.7%


14)  Any additional information
-

15)  Name of contact and telephone number for queries


D W Wright, Company Secretary - 01892 502700

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

     Date of notification 1 August 2002








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