Holding(s) in Company

Medical Property Investment Fd Ltd
28 April 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company
        Medical Property Investment Fund Limited


2.     Name of shareholder having a major interest
        Lazard & Co. Limited (as agent for Lazard Asset Management)


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.
        As Above


4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
       As Above


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
        317,800


8.     Percentage of issued class
        Not stated


9.     Class of security
        Ordinary shares


10.    Date of transaction
        26 April 2004


11.    Date company informed
        27 April 2004


12.    Total holding following this notification
        15,388,820


13.    Total percentage holding of issued class following this notification
        10.992%


14.    Any additional information

15.    Name of contact and telephone number for queries

       Serena Tremlett 01481 747831

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

       Serena Tremlett

Date of notification: 28 April 2004




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