Holding(s) in Company

INVESCO Asia Trust PLC
1 February 2002

Headline:                    Holding in Company





Schedule 10 - Notification of Major Interests in Shares





1.         Name of Company



            INVESCO Asia Trust plc



2.         Name of shareholder having a major interest



            City of London Investment Management 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 of children under the age of 18:



            Notification is in respect of shareholder named in 2 above



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



            Mellon UK Nominees Ltd AC BSDTUSD



5.         Number of shares/amount of stock acquired:



            -



6.            Percentage of issued class:



            -



7.            Number of shares/amount of stock disposed:



            Not stated



8.            Percentage of issued class:



            Not stated



9.         Class of security:



            Ordinary Shares of 10p







10.       Date of Transaction:



            Not stated



11.       Date company informed:



            31 January 2002



12.       Total holding following this notification:



            2,995,897



13.       Total percentage holding of issued class following this notification:



            2.83%



14.            Contact name for queries:



            Alex Proudler



15.            Contact telephone number:



            0207 454 3249



16.       Name of company official responsible for making notification:



            Jo Milner



17.       Date of notification:



            1 February 2002







Additional Information



Shares held on behalf of Emerging Markets Country Fund.







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