Holding in Company

Liontrust Asset Management PLC
12 November 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 (STANDARD LIFE GROUP)

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 above

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

233,333

6) Percentage of issued class

0.70%

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security

ORDINARY SHARES OF 1 PENCE EACH

10) Date of transaction

8 NOVEMBER 2001

11) Date company informed

9 NOVEMBER 2001

12) Total holding following this notification

1,142,424


13) Total percentage holding of issued class following this notification

3.44%

14) Any additional information

None

15) Name of contact and telephone number for queries

Sally Whittington 020 7220 3223

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

David V Gibbons - Company Secretary

Date of notification 12 November 2001