Notifiable Holding

British Empire Sec & Gen Tst PLC
14 March 2002




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
BRITISH EMPIRE SECURITIES AND GENERAL TRUST PLC

2   Name of shareholder having a major interest:
Millennium Partners LP

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:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Barclays Capital Nominees No. 3 Limited

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
160,000

8   Percentage of issued class:
0.09

9   Class of security:
Ordinary 10p shares

10  Date of transaction:
11 March 2002

11  Date company informed:
14 March 2002

12  Total holding following this notification:
10,000,000

13  Total percentage holding of issued class following this notification:
5.88%

14  Contact name for queries:
Ruth Humphrey

15 Contact telephone number:
020 7463 6305

16  Name of company official responsible for making notification:
Aberdeen Asset Management PLC - Secretaries

17  Date of notification:
14 March 2002


Additional Information:



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