Holding(s) in Company

Jersey Electricity Company Limited
30 November 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


THE JERSEY ELECTRICITY COMPANY LIMITED



2. Name of shareholder having a major interest


UTILICO 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 ABOVE SHAREHOLDER



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


CHASE NOMINEES LIMITED



5. Number of shares / amount of stock acquired


43,077



6. Percentage of issued class


7.4%



7. Number of shares / amount of stock disposed



8. Percentage of issued class



9. Class of security


'A' ORDINARY SHARES



10. Date of transaction


29TH NOVEMBER, 2004



11. Date company informed


30TH NOVEMBER, 2004



12. Total holding following this notification


305,468



13. Total percentage holding of issued class following this notification


52.49%



14. Any additional information






15. Name of contact and telephone number for queries


P J ROUTIER
01534 505253



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


P J ROUTIER
COMPANY SECRETARY



Date of notification

30TH NOVEMBER, 2004




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