Holdings in Company

SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

All relevant boxes should be completed in block capital letters.

1. Name of company                   2. Name of shareholdershaving a major     
                                        interest                               
   Liontrust Asset Management plc                                              
                                        (1) Zurich Financial Services          
                                                                               
                                        (2) Scottish Widows                    

3. Please state whether notification 4. Name of the registered holder(s) and,  
   indicates that it is in respect      if more than one holder, the number of 
   of holding of the shareholder        shares held by each of them            
   named in 2 above or in respect of                                           
   a non-beneficial interest or in      (1) Littledown Nominees Ltd            
   the case of an individual holder                                            
   if it is a holding of that           (2) Scottish Widows Investment         
   person's spouse or children under    Partnership                            
   the age of 18                                                               
                                                                               
   As in 2                                                                     

5. Number of         Percentage of  7. Number of shares 8. Percentage of      
   shares/amount     issued class      /amount of stock    issued class       
   of stock                            disposed                               
   acquired          (2) 0.72%                             (2) 1.18%          
                                       (1) 415,000                            
   (2) 253,700                                                                

9. Class of security                10. Date of          11. Date company      
                                        transactions         informed          
   Ordinary 1p shares                                                          
                                        30 March 2005        31 March 2005     

12. Total holding following this     13. Total percentage holding of issued    
    notification                         class following this notification     
                                                                               
     1. 1,286,000                         1. 3.64%                             
                                                                               
     2. 1,162,185                         2. 3.31%                             

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: 1 April 2005