Holding(s) in Company

SCHEDULE 10

                NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company
     Edinburgh Dragon Trust plc

2)   Name of shareholder having a major interest
     Lazard Asset Management LLC

3)   Please state whether notification indicates that it is in respect
     of holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if
     it is a   holding of that person's spouse or children under the age of
18
     On behalf of discretionary clients

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them
     World Trust Fund
     Howard Hughes Medical Institute
     ITT Lazard emerging Growth Fund
     Scripps College
     Scottish & English Investors
     Emerging World Investments Limited Partnership; and
     Public Employees Ret. System of Ohio

5)   Number of shares/amount of stock acquired
     n/a

6)   Percentage of issued class
     n/a

7)   Number of shares/amount of stock disposed
     1,818,000

8)   Percentage of issued class
     0.80%

9)   Class of security
     Ordinary

10)  Date of transaction
     12 February 2004

11)  Date company informed
     16 February 2004

12)  Total holding following this notification
     21,141,900

13)  Total percentage holding of issued class following this
     notification
     9.33%

14)  Any additional information
     n/a

15)  Name of contact and telephone number for queries
     Valerie MacKenzie


16)  Name and signature of authorised company official responsible for
     making this notification

     Date of notification 16 February 2004