Holding in Company

RNS Number:1472D
Archimedes Investment Trust PLC
4 May 2001

1 Name of company:Archimedes Investment Trust PLC

2 Name of shareholder having a major interest:

BFS Income & Growth Trust PLC

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:

HSBC Global Custody Nominees Ltd a.c 888107

5 Number of shares/amount of stock acquired:

6 Percentage of issued class:

7 Number of shares/amount of stock disposed:

3,594

8 Percentage of issued class:

0.29

9 Class of security:

50p Capital shares

10 Date of transaction:

May 2001

11 Date company informed:

4 May 2001

12 Total holding following this notification:

120,753

13 Total percentage holding of issued class following this notification:

9.856

14 Contact name for queries:

Heather Williams

15 Contact telephone number:

020 7597 1843

16 Name of company official responsible for making notification:

Heather Williams

17. Date of notification:4 May 2001