Holding(s) in Company

New India Investment Trust PLC
09 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):

New India 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: Disclosure required following implementation of DTR rules: Yes



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

Aberdeen Asset Management PLC's Fund Management Operating Subsidiaries.


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

n/a



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

n/a



6.    Date on which issuer notified:

8 March 2007



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

n/a


8.    Notified details:





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)
GB0006048770                                     n/a                               4,510,600




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
GB0006048770                        4,510,600          Direct (x)     Indirect (xi)       Direct      Indirect
                                                                        4,510,600           9%           -




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

      4,510,600                         9%





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

n/a



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:

Robert Haggerty



15.  Contact telephone number:

01224 425266






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