Holding(s) in Company

    SCHEDULE 10                                  
                                                                               
                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1) Name of company

LIONTRUST ASSET MANAGEMENT PLC

2) Name of shareholder having a major interest

Merseyside Pension Fund

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

AS IN 2

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

THE BANK OF NEW YORK (NOMINEES) LIMITED

 
5) Number of shares/amount of stock acquired
 
-      
 
6) Percentage of issued class
 
-
 
7) Number of shares/amount of stock disposed
 
325,000
 
8) Percentage of issued class
 
0.97
 
9) Class of security
 
Ordinary 1p
 
10) Date of transaction
 
19 March 2003
 
11) Date company informed
 
19 March 2003
 
12) Total holding following this notification
 
1,425,000
 
13) Total percentage holding of issued class following this notification
 
4.25
 
14) Any additional information
 
-
 
15) Name of contact and telephone number for queries
 
David V Gibbons 020 7220 3217


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

David V Gibbons, Company Secretary

Date of notification: 20 March 2003



END