Beta Global Emerging - Holding in Company

RNS Number:5938L
Beta Global Emerging Mkts Inv Tst
2 June 2000

TO COMPANY ANNOUNCEMENTS OFFICE

WE HAVE RECEIVED A NOTIFICATION FROM HARVARD MANAGEMENT COMPANY INC
IN LATE THURSDAY AFTERNOON, 1 JUNE 2000 AS FOLLOWS :

RE : INTEREST IN THE ORDINARY SHARES OF BETA GLOBAL EMERGING MARKETS
     INVESTMENT TRUST (THE 'COMPANY')

PURSUANT TO SECTION 198 OF THE COMPANIES ACT 1985 (THE ACT), THE
FOLLOWING INFORMATION IS PROVIDED AS NOTICE OF A CHANGE IN INTEREST
OF THE UNDERMENTIONED PERSON (THE INTERESTED PERSON) IN THE COMPANY'S
ORDINARY SHARES (THE RELEVANT SHARE CAPITAL) :

1.  INTERESTED PERSON :  PRESIDENT AND FELLOWS OF HARVARD COLLEGE
                         C/O HARVARD MANAGEMENT COMPANY, INC.
                         600 ATLANTIC AVENUE
                         BOSTON, MA 02210 USA

2.  RELEVANT SHARES : 6,725,000 ORDINARY SHARES OF THE BETA GLOBAL
    EMERGING MARKETS INVESTMENT TRUST PLC.

3.  REGISTERED HOLDER IS :  VIDACOS NOMINEES LTD
                            336 STRAND, LONDON  WC2R 1HB

4.  THE INTERESTS DISCLOSED ARE NOT OF THOSE MENTIONED IN SECTION
    208(5) OF THE ACT.


CARMEN HAKHAM
COMPANY SECRETARY


END
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