Holding(s) in Company

Baring Emerging Europe Trust PLC
25 September 2002


A notice was received on 24 September 2002 from Laxey Partners Ltd advising
that, they have an interest as discretionary investment manager having control
of the same in 11,351,619 ordinary US$0.10 shares in The Baring Emerging Europe
Trust PLC representing 11.13% of the relevant issued share capital.




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