Holding(s) in Company

Mid Wynd Inter Inv Trust PLC
05 March 2003

                  Mid Wynd International Investment Trust PLC

                        Disclosure of Interest in Shares



Mid Wynd International Investment Trust PLC has today been advised that
following a purchase of 75,000 ordinary 25p shares, Merchant Investors Assurance
Company Ltd. now holds 235,964 ordinary shares in the Company, which equates to
4.69% of the issued share capital.



                                                           Baillie Gifford & Co.

                                                          Managers & Secretaries

                                                                    5 March 2003


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