Beta Global Emerging - Holding in Company

RNS Number:8392L
Beta Global Emerging Mkts Inv Tst
7 June 2000


TO COMPANY ANNOUNCEMENTS OFFICE


WE HAVE RECEIVED A NOTIFICATION FROM ADVANCE DEVELOPING MARKETS TRUST
PLC ON 7 JUNE 2000 AS FOLLOWS :

DEAR SIRS,

IN ACCORDANCE WITH THE PROVISIONS OF THE COMPANIES ACT 1985 AND THE
DISCLOSURE OF INTERESTS IN SHARES (AMENDMENT) REGULATIONS 1993 WE
GIVE NOTICE THAT, FOLLOWING A PURCHASE ON 6 JUNE 2000 OF 1,000,000
ORDINARY SHARES ADVANCE DEVELOPING MARKETS TRUST HAS A TOTAL INTEREST
IN 2,910,000 ORDINARY SHARES OF 10P IN YOUR COMPANY, REPRESENTING
5.20% OF THE SHARES OF THIS CLASS.  THIS CALCULATION IS BASED ON OUR
UNDERSTANDING THAT YOUR COMPANY HAS 55,947,000 OF THE ABOVE STOCK IN
ISSUE.

THE HOLDING IS REGISTERED IN THE NAME OF NORTRUST NOMINEES LIMITED
A/C ADM.


CARMEN HAKHAM
COMPANY SECRETARY


END


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