Holding(s) in Company

RNS Number:2878P
Electra Investment Trust PLC
02 September 2003



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

ELECTRA INVESTMENT TRUST PLC

2. Name of shareholder having a major interest

DEUTSCHE BANK AG, LONDON

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

SEE 14. BELOW

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

NOT DISCLOSED

5. Number of shares / amount of stock acquired

NOT DISCLOSED

6. Percentage of issued class

NOT DISCLOSED

7. Number of shares / amount of stock disposed

NOT DISCLOSED

8. Percentage of issued class

NOT DISCLOSED

9. Class of security

ORDINARY 25p SHARES

10. Date of transaction

NOT DISCLOSED



11. Date company informed

1 SEPTEMBER 2003

12. Total holding following this notification

7,275,862 ORDINARY 25p SHARES

13. Total percentage holding of issued class following this notification

                                                                 11.15%

14. Any additional information

DEUTSCHE BANK, AG LONDON ADVISE THAT PART OF HOLDING MAY RELATE TO
HEDGING ARRANGEMENTS FOR CUSTOMER TRANSACTIONS, AND COMPANIES WITHIN THE
GROUP ACTING AS FUND MANAGERS HOLD SOME OF THE SHARES ON BEHALF OF A
NUMBER OF CLIENTS WHOSE PORTFOLIOS ARE MANAGED ON A DISCRETIONARY
BASIS.

15. Name of contact and telephone number for queries

PJ DYKE, SECRETARY, 020 7831 6464

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

AS ABOVE

Date of notification

2 SEPTEMBER 2003

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