Holding(s) in Company

Investment Company PLC
01 November 2004


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

The Investment Company plc


2. Name of shareholder having a major interest

Jove Investment 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

In respect of holder named 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

N/A


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

43,680


8. Percentage of issued class

1.56%


9. Class of security

Ordinary 50p


10. Date of transaction

22 October 2004


11. Date company informed

27 October 2004


12. Total holding following this notification

175,920


13. Total percentage holding of issued class following this notification

6.28%


14. Any additional information




15. Name of contact and telephone number for queries

James Harrison - 020 7448 4700


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




Date of notification

1 November 2004



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