Holding(s) in Company

RNS Number:6640H
Ptarmigan Int. Capital Trust PLC
18 February 2003



Notification of Major Interests in Shares

1 Name of company:

Ptarmigan International Capital Trust Plc

2 Name of shareholder having a major interest:

The Royal Bank of Scotland plc, The Royal Bank of Scotland Group Plc, 
Adam & Company Group Plc and Adam & Company 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 or children under the age of 18:



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

Adam & Company Nominees Limited A/C AIM - 651,913

5 Number of shares/amount of stock acquired:



6 Percentage of issued class:



7 Number of shares/amount of stock disposed:



8 Percentage of issued class:



9 Class of security:

#1 Ordinary shares

10 Date of transaction:


11 Date company informed:

18th February 2003

12 Total holding following this notification:

651,913

13 Total percentage holding of issued class following this notification:

11.78%

14 Contact name for queries:

Shona Darling of First State Investments (UK)

15 Contact telephone number:

0131 473 2200

16 Name of company official responsible for making notification:

As above

17 Date of notification:

18th February 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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