Holding(s) in Company

Finsbury Life Sciences Inv Tst PLC
06 May 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Finsbury Life Sciences Investment Trust PLC



2. Name of shareholder having a major interest


Deutsche Bank AG



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


As in 2 above



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them


Deutsche Bank AG



5. Number of shares / amount of stock acquired


-



6. Percentage of issued class


-



7. Number of shares / amount of stock disposed


-



8. Percentage of issued class


-



9. Class of security


Ordinary shares of 25p each



10. Date of transaction


5 May 2004






11. Date company informed


6 May 2004



12. Total holding following this notification


2,510,000



13. Total percentage holding of issued class following this notification


8.34%



14. Any additional information


-



15. Name of contact and telephone number for queries


Melanie Bell - 020 7426 6224



16. Name and signature of authorised company official responsible for making
this notification


Alastair Smith

For and on behalf of Close Finsbury Asset Management Limited



Date of notification


6 May 2004



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