Holding in Company

Liontrust Asset Management PLC
4 December 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

LIONTRUST ASSET MANAGEMENT PLC

2) Name of shareholder having a major interest

STANDARD LIFE INVESTMENTS LIMITED

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

STANLIFE NOMINEES LIMITED

5) Number of shares/amount of stock acquired

97,759

6) Percentage of issued class

0.29

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security

Ordinary 1p

10) Date of transaction

30 November 2001

11) Date company informed

4 December 2001

12) Total holding following this notification

1,355,204

13) Total percentage holding of issued class following this notification

4.07

14) Any additional information

-

15) Name of contact and telephone number for queries

David V Gibbons 020 7220 3217


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

David V Gibbons, Company Secretary

Date of notification: 4 December 2001