RNS No 4112d
BETA GLOBAL EMERGING MARKETS INVESTMENT TRUST PLC
22nd December 1998


WE HAVE TODAY RECEIVED THE FOLLOWING DATED 22 DECEMBER 1998.

FOLLOWING A PURCHASE OF 914,000 OF THE ABOVE SHARES ON 21 DECEMBER
1998, NEWTON MANAGEMENT LIMITED NOW HAS AN INTEREST OF 7,971,233
SHARES (14.25% OF THE TOTAL IN ISSUE).  PREVIOUSLY WE HELD 7,057,233
SHARES (12.61% OF THE TOAL IN ISSUE).

CARMEN HAKHAM
COMPANY SECRETARY


END

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