Holding in Company

RNS Number:2917J
Australian Opp Inv Tst PLC
31 August 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

AUSTRALIAN OPPORTUNITIES INVESTMENT TRUST PLC


2) Name of shareholder having a major interest

NATIONAL LIFE & PENSIONS 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

NOTIFICATION IN RESPECT OF SHAREHOLDER NAMED IN 2 ABOVE

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

NUTRACO NOMINEES LIMITED

5) Number of shares/amount of stock acquired



6) Percentage of issued class



7) Number of shares/amount of stock disposed

388,387

8) Percentage of issued class

3.234%

9) Class of security

ORDINARY SHARES 25P

10) Date of transaction

24TH AUGUST 2001

11) Date company informed

28TH AUGUST 2001

12) Total holding following this notification

2,400,000


13) Total percentage holding of issued class following this notification

19.982%

14) Any additional information



15) Name of contact and telephone number for queries

CLINT TUCKEY 01277 201222

16) Name and signature of authorised company official responsible for making
this notification

CLINT TUCKEY
Date of notification 31ST AUGUST 2001