Holding(s) in Company

British Empire Sec & Gen Tst PLC
16 March 2007

TR-1:  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
BRITISH EMPIRE SECURITIES AND GENERAL TRUST PLC


2. Reason for the notification: as indicated by X

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 obligation:
AXA S.A. 25 Avenue Matignon, 75008 Paris and its group of companies


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



5. Date of the transaction (and date on which the threshold is crossed or reached if different):
2 March 2007


6. Date on which issuer notified:
16 March 2007


7. Threshold(s) that is/are crossed or reached:
Not advised



8. Notified details:



A: Voting rights attached to shares


         Class/type of shares                          Situation previous to the Triggering transaction

   if possible using the ISIN CODE
                                                  Number of shares                     Number of voting Rights
 0133508                                            Not advised                              Not advised



Resulting situation after the triggering transaction:


     Class/type of shares         Number of shares      Number of voting rights       % of voting rights

if possible using the ISIN CODE
                                       Direct             Direct        Indirect      Direct      Indirect
            0133508                  4,902,088          4,902,088          0           3.06         0.00



B: Financial Instruments

Resulting situation after the triggering transaction


    Type of         Expiration Date    Exercise/Conversion Period Number of voting rights that   % of voting
   financial                                     / Date              may be acquired if the        rights
   instrument                                                       instrument is exercised/
                                                                           converted.






Total (A+B)
   Number of voting rights          % of voting rights
          4,902,088                        3.06


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



              Name of the Company / Fund                                 Number of Shares       % of issued

                                                                                               share capital
Sun Life Pensions Management Ltd A/c -                    Direct            4,435,000             2.77049
Sun Life International (IOM) Ltd                          Direct              70,710              0.04417
Sun Life Pensions Management Ltd                          Direct              34,782              0.02173
Sun Life Pensions Management Ltd                          Direct             138,330              0.08641
Sun Life Unit Assurance Ltd FTSE All Share Tracker        Direct              28,009              0.01750

Sun Life Pensions Management FTSE All Share Tracker       Direct             136,148              0.08505
AXA Winterthur                                            Direct              59,109              0.03692
Total                                                     Direct            4,902,088             3.06227



Proxy Voting:


10. Name of the proxy holder:



11. Number of voting rights proxy holder will cease to hold:



12. Date on which proxy holder will cease to hold voting rights:



13. Additional information:







14. Contact name:
Phoenix Administration Services Ltd - Company Secretary  (Attn: T R Smith  )



15. Contact telephone number: [phone]










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