Holding(s) in Company

RNS Number : 8309B

New India Investment Trust PLC

21 August 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):

    Bank One

Citibank, N.A. Employee Benefit Funds

Goldman Sachs & Co

Mellon Trust

Northern Trust Co

PFPC Trust Co

State Street Bank-Custody Master Trust

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

    14/08/08

6.     Date on which issuer notified:

    15/08/08

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

    19%

8.     Notified details:

A: Voting rights attached to shares

Situation previous to the Triggering transaction (vi)
Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (viii)
GB0006048770		8,309,804

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
		Direct (x)	Indirect (xi)	Direct	Indirect
GB0006048770			9,084,804		19.627%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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

Total (A+B)

Number of voting rights 9,804,804

% of voting rights 19.627%

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:

    Charles Mearns, Aberdeen Asset Managers Ltd

15.     Contact telephone number:

    0131 528 4132

 

END

 

 

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