Interests in Shares

Atlantis Japan Growth Fund Ld
09 July 2007

For immediate release

9 July 2007
                             COMPANY ANNOUNCEMENT

Atlantis Japan Growth Fund Limited



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 attachedii:

    Atlantis Japan Growth Ord USD 0.01
    ISIN: GB0000623560



2.  Reason for the notification

    An acquisition or disposal of voting rights        (X)

    An acquisition or disposal of financial instruments which may result
    in the acquisition of shares already issued to which voting rights are
    attached    ( )

    An event changing the breakdown of voting rights               ( )

    Other (please specify):                                        ( )

3.  Full name of person(s) subject to the notification obligationiii: Investec
    Asset Management Ltd

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

5.  Date of the transaction (and date on which the threshold is crossed or
    reached if different) v: 03/07/07

6.  Date on which issuer notified: 04/07/07

7.  Threshold(s) that is/are crossed or reached: 5%

8.  Notified details:

A.  Voting rights attached to shares

Class/type of shares: (if possible using the ISIN CODE):

Ordinary USD 0.01 Shares ISIN GB0000623560

Situation previous to the Triggering transactionvi

Number of Shares: 1,004,051

Number of Voting Rightsviii: 1,004,051

Resulting situation after the triggering transactionvii

Number of shares - Direct: N/A

Number of voting rightsix - Directx: N/A

Number of voting rightsix - Indirectxi: 1,029,051

% of Voting rights - Direct: N/A

% of Voting rights - Indirect: 5.03%



B.  Financial Instruments



Resulting situation after the triggering transactionxii

Type of financial instrument:

Expiration datexiii:

Exercise / Conversion Period / Datexiv:

Number of voting rights that may be acquired if the instrument is exercised /
converted:

% of voting rights:





Total (A + B)

Number of voting rights: 1,029,051

% of voting rights: 5.03%





9.  Chain of controlled undertakings through which the voting rights and / or
the financial instruments are effectively held, if applicablexv: Investec OEIC
Series i Cautious Managed Fund 715,000 3.49%.



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:

14.  Contact name: Ian Gartshore

15.  Contact telephone number: [phone]





ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES xvi



A: Identity of the person or legal entity subject to the notification obligation



Full name (including legal form for legal entities):  Investec Asset Management
Ltd



Contact address (registered office for legal entities):  2, Gresham Street,
London, EC2V 7QP



Phone number: [phone]



Other useful information (at least legal representative for legal persons):





B:  Identity of the notifier, if applicable xvii



Full name :

Contact address :

Phone number  :

Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):



C:  Additional information:





End














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