Holding in Company

Govett Emerging Markets Inv Tst PLC
3 November 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     GOVETT EMERGING MARKETS INVESTMENT TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     SG SECURITIES (LONDON) 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 IN 2

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

     SG SECURITIES (LONDON) LTD a/c PRINCIPAL

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY 10p SHARES

10)  Date of transaction

     NOT ADVISED

11)  Date company informed

     3.11.00

12)  Total holding following this notification

     1,673,258 
              
13)  Total percentage holding of issued class following this notification

     4.68%

14)  Any additional information



15)  Name of contact and telephone number for queries

     ELIZABETH DUCIE - 020 7940 5737

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

     Date of Notification ...3-11-2000



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     GOVETT EMERGING MARKETS INVESTMENT TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ADVANCE DEVELOPING MARKETS TRUST PLC

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

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

     NORTRUST NOMINEES LTD A/C ADM

5)   Number of shares/amount of stock acquired.

     1,023,257

6)   (2.86 %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY 10p SHARES

10)  Date of transaction

     NOT ADVISED

11)  Date company informed

     3.11.00

12)  Total holding following this notification

     2,723,257 
              
13)  Total percentage holding of issued class following this notification

     7.61%

14)  Any additional information



15)  Name of contact and telephone number for queries

     ELIZABETH DUCIE - 020 7940 5737

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

     Date of Notification ...3-11-2000