Holding(s) in Company

RNS Number : 5342L

Mercantile Investment Trust(The)PLC

13 January 2009

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	The Mercantile Investment Trust Plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights		Yes
3. Full name of person(s) subject to the notification obligation:	Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.):	Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	08 January 2009
6. Date on which issuer notified:	12 January 2009
7. Threshold(s) that is/are crossed or reached:	From 4% - 3%(L&G)
8. Notified details:

A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction				Resulting situation after the triggering transaction
	Number of Shares		Number of Voting Rights		Number of shares	Number of voting rights			% of voting rights
						Direct		Indirect	Direct		Indirect
ORD GBP 0.25	4,319,223		4,319,223		4,082,729	4,082,729			3.98
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument		Expiration date		Exercise/ Conversion Period/ Date			Number of voting rights that may be acquired if the instrument is exercised/ converted.			% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

4,082,729

3.98

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Legal & General Group Plc (Direct and Indirect) (Group)
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited (Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (4,082,729 - 3.98% = LGAS, LGPL & PMC)
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (3,711,254 - 3.62% = PMC)	Legal & General Insurance Holdings Limited (Direct) (LGIH)
Legal & General Assurance (Pensions Management) Limited (PMC) (3,711,254 - 3.62% = PMC)	Legal & General Assurance Society Limited (LGAS & LGPL)
	Legal & General Pensions Limited (Direct) (LGPL)