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TR European Growth (TRG)

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Thursday 09 January, 2003

TR European Growth

Holding(s) in Company

TR European Growth Trust PLC
09 January 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company
 TR EUROPEAN GROWTH TRUST PLC



2. Name of shareholder having a major interest
 LEGAL AND GENERAL GROUP



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
 HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED



5. Number of shares / amount of stock acquired
 250,000



6. Percentage of issued class
 0.16%



7. Number of shares / amount of stock disposed
 -



8. Percentage of issued class
 -



9. Class of security
 ORDINARY SHARES OF 12.5P



10. Date of transaction
 7 JANUARY 2003



11. Date company informed
 9 JANUARY 2003



12. Total holding following this notification
 4,956,379



13. Total percentage holding of issued class following this notification
 3.12%



14. Any additional information




15. Name of contact and telephone number for queries
 MRS K ORRELL - TELEPHONE 020 7818 2959



16. Name and signature of authorised company official responsible for making
this notification
 MRS K ORRELL FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED, 
 SECRETARY



Date of notification
 9 JANUARY 2003



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