Holding in Company

RNS Number:9391E
Archimedes Investment Trust PLC
8 June 2001


Schedule 10 - Notification of Major Interests in Shares



1   Name of company:

Archimedes Investment Trust PLC



2   Name of shareholder having a major interest:

Exeter Asset 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:

In respect of funds managed by Exeter Asset Management Limited



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

See additional information below



5   Number of shares/amount of stock acquired:



6   Percentage of issued class:



7   Number of shares/amount of stock disposed:

150,000



8   Percentage of issued class:

0.536



9   Class of security:

Ordinary



10  Date of transaction:

6 June 2001



11  Date company informed:

8 June 2001



12  Total holding following this notification:

3,000,000



13  Total percentage holding of issued class following this notification:

10.71



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:

8 June 2001


Additional Information:


Exeter High Income Unit Trust                                 2,350,000
Exeter Selective Assets Investment                              650,000