Holding(s) in Company

Aberdeen New Dawn Invest Trust PLC
19 March 2007

                                                                      APPENDIX 3



TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES



(1).      Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

           Aberdeen New Dawn Investment Trust plc



2.         Reason for the notification (please state Yes/No):



An acquisition or disposal of voting rights: No



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No



An event changing the breakdown of voting rights: No



Other: Transitional Provisions: Yes



3.         Full name of person(s) subject to the notification obligation (iii):

            Smith & Williamson Holdings Limited


4.         Full name of shareholder(s) (if different from 3.) (iv):

            Nominee companies of Smith & Williamson Inv. Management Limited as
detailed in Section 9



5.         Date of the transaction and date on which the threshold is crossed or
  reached (v):

            n/a



6.         Date on which issuer notified:

            15 March 2007



7.         Threshold(s) that is/are crossed or reached:

            5%



8.         Notified details:

            n/a



A: Voting rights attached to shares


Class/type of shares if possible      Situation previous to the          Resulting situation after the
using the ISIN CODE                  Triggering transaction (vi)         triggering  transaction (vi)
005685                                     Number of shares             Number of voting Rights (viii)
                                                 n/a                                  n/a





Resulting situation after the triggering transaction (vii)


Class/type of shares if          Number of shares       Number of voting rights (ix)       % of voting rights
possible using the ISIN CODE
005685                                 n/a             Direct (x)     Indirect (xi)       Direct      Indirect
                                                          n/a           1,563,943           n/a        6.16%





B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.
n/a             n/a                   n/a                       n/a                         n/a





Total (A+B)
   Number of voting rights          % of voting rights

          1,563,943                        6.16%





9.  Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):

Smith & Williamson Nominees Limited, a subsidiary of Smith & Williamson
Investment Management Limited, sub of S&W Hldgs Ltd: 1,321,240 shares



Royal Bank of Scotland as custodian for Smith and Williamson Fund Administration
Limited, a subsidiary of Smith and Williamson Investment Management Limited, sub
of S&W Holdings Limited: 157,500 shares



The Corporation of Lloyds for whom Smith and Williamson Investment Management
Limited sub of S& W Holdings are Discretionary Managers: 5,203



State Street Nominees as custodian for Smith and Williamson Investment
Management Limited sub of S&W Holdings Limited: 80,000 shares



Proxy Voting:



10.    Name of the proxy holder:

       n/a



11.    Number of voting rights proxy holder will cease to hold:

       n/a.



12. Date on which proxy holder will cease to hold voting rights:

       n/a.



13.    Additional information:

       n/a


14.    Contact name:

       Charles Mearns, Aberdeen Asset Managers Limited



15.    Contact telephone number:

       0131 313 6442.




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