Holding(s) in Company

British Empire Sec & Gen Tst PLC
26 June 2002



26 June 2002

British Empire Securities and General Trust PLC

Notifiable Holding

The Company has been informed that following British Empire Securities and
General Trust PLC's repurchase of shares for cancellation, Caledonia Investment
Funds Limited's beneficial holding of 31,856,530 Ordinary 10p shares, has now
increased to 19.16% of the issued share capital.

The shares are registered in the name of Caledonia Investment Funds Limited.





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