Holding(s) in Company

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.   Name of company:
Edinburgh Worldwide Investment Trust plc

2) Name of shareholder having a major interest
     Merchant Investors Assurance Company Ltd

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 2 above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them
     The Bank of New York (Nominees) Limited

5) Number of shares/amount of stock acquired
     n/a

6) Percentage of issued class
     n/a

7) Number of shares/amount of stock disposed,
     250,000

8) Percentage of issued class
     n/a

9) Class of security
     Ordinary 5p shares

10) Date of transaction
     not known

11) Date company informed
     10 January 2003

12) Total holding following this notification
     1,400,000

13) Total percentage holding of issued class following this notification
     2.857%

14) Any additional information
     None

15) Name of contact and telephone number for queries

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

     Lynn Mathewson
Date of notification 10 January 2003