Holding(s) in Company

Baring Emerging Europe Trust PLC
30 July 2002


A notice was received on 29 July 2002 from Bear Stearns International Trading 
Limited that as of close of business on 25 July 2002, they had a notifiable 
interest in 3,500,000 ordinary US$0.10 shares in The Baring Emerging Europe 
Trust PLC representing 3.48% of the relevant issued share capital.




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