Holding(s) in Company

RNS Number : 2842Z

New India Investment Trust PLC

04 February 2014

TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARESⁱ

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

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: 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 of New York, Inc - Global Custody

Comerica Bank

JP Morgan Chase - SWIFT

Mellon Trust

Morgan Stanley Prime Brokerage

Northern Trust Co

State Street Bank - Custodian ETC

State Street Bank-Custody Master Trust

State Street Bank - Master Tr - ETC

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

3 February 2014

Date on which issuer notified:

4 February 2014

7. Threshold(s) that is/are crossed or reached: ^{vi, vii}

Increase from 23% to 24%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Situation previous to the Triggering transaction

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights

GB0000604877

13,662,824

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights^x
		Direct	Indirect ^xi	Direct	Indirect
GB0000604877			14,452,205		24.466%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Expiration Date ^xvii	Exercise/Conversion Period ^xviii	Number of voting rights instrument refers to	% of voting rights ^{xix, xx}
					Nominal	Delta