Holding(s) in Company

New India Investment Trust PLC
06 March 2008



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):

     New India Investment Trust PLC


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

     An acquisition or disposal of voting rights: Yes

     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: No

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

     Lazard Asset Management LLC


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

     Northern Trust Company
     State Street Bank - Custody Master Trust
     Goldman Sachs & Co
     Chase Investor Services

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

     5/03/08

     
6.   Date on which issuer notified:

     06/03/08


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

     17%

     
8.   Notified details:


A:   Voting rights attached to shares


                          Situation previous to the Triggering transaction (vi)
Class/type of shares if possible           Number of shares             Number of voting rights (viii)
using the ISIN CODE


GB0006048770                                                                       7,734,804



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
                                                       Direct (x)     Indirect (xi)       Direct      Indirect

GB0006048770                                                            8,309,804                      17.36%



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.




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

          8,309,804                       17.36%


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

     Lazard Asset Management LLC controls all the voting rights held of 
     this issuer


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:

     Judith Wynne, Aberdeen Asset Managers Ltd



15.  Contact telephone number:

     0131 528 4133


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