Holding(s) in Company

RNS Number:3532D
Utilico Emerging Mkts Utilities Ltd
22 May 2006

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Utilico Emerging Markets Utilities Limited



2. Name of shareholder having a major interest


Utilico Investment 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


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


Chase Nominees Limited



5. Number of shares / amount of stock acquired


22,522,239



6. Percentage of issued class


22.52%



7. Number of shares / amount of stock disposed


N/A



8. Percentage of issued class


N/A



9. Class of security


C Shares of 50p each



10. Date of transaction


12 May 2006






11. Date company informed


19 May 2006



12. Total holding following this notification


i)          22,522,239 Ordinary Shares of 10p each
ii)         22,522,239 C Shares of 50 p each



13. Total percentage holding of issued class following this notification


i)          34.98%
ii)         22.52%



14. Any additional information


C shares acquired as a result of a placing and open offer



15. Name of contact and telephone number for queries


Miss D A Fish - 020 7628 8000



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


Miss D A Fish
For F&C Management Limited, Secretary



Date of notification


22 May 2006



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