Holding(s) in Company

CHELVERTON GROWTH TRUST PLC

Pursuant to an enquiry in accordance with Section 212 of the Companies Act
1985, the Company has been informed that Mr G E Stevens is beneficially
interested in 1,768,110 Ordinary 1p Shares (representing 9.36% of the issued
class of capital).

The holding can be broken down as follows:

                      Shareholding        % of issued share capital          
                                                                             
Mr G E Stevens        1,535,110           8.13%                              
                                                                             
Mrs G E Stevens       233,000             1.23%                              

15 September 2003