SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1. Name of company                   2. Name of shareholder having a major     
                                        interest                               
   Gartmore Global Trust PLC                                                   
                                        The Alliance Trust PLC                 

3. Please state whether notification 4. Name of the registered holder(s) and,  
   indicates that it is in respect      if more than one holder, the number of 
   of holding of the shareholder        shares held by each of them            
   named in 2 above or in respect of                                           
   a non-beneficial interest or in      Allsec Nominees Limited                
   the case of an individual holder                                            
   if it is a holding of that                                                  
   person's spouse or children under                                           
   the age of 18                                                               

5. Number of      6. Percentage of  7. Number of shares 8. Percentage of      
   shares/amount     issued class      /amount of stock    issued class       
   of stock                            disposed                               
   acquired                                                3.0%               
                                       �30,000                                

9. Class of security                10. Date of          11. Date company      
                                        transaction          informed          
   3.75% Cumulative Preference                                                 
   Stock                                23 January 2004      23 January 2004   

12. Total holding following this     13. Total percentage holding of issued    
    notification                         class following this notification     
                                                                               
    Nil                                                                        

14. Any additional information       15. Name of contact and telephone number  
                                         for queries                           
                                                                               
                                         David Pearson (020-7782 2617)         

16. Name and signature of authorised company official responsible for making   
    this notification                                                          
                                                                               
    David Pearson                                                              
                                                                               
Date of notification 27 January 2004                                           



END