Holding(s) in Company

Mid Wynd Inter Inv Trust PLC
28 June 2004


                  Mid Wynd International Investment Trust PLC

                        Disclosure of Interest in Shares



Mid Wynd International Investment Trust PLC has today been advised that
following a sale of 100,000 ordinary 25p shares, Merchant Investors Assurance
Company Ltd. now holds 75,964 ordinary shares in the Company, which equates to
1.51% of the issued share capital.



                                                           Baillie Gifford & Co.

                                                          Managers & Secretaries

                                                                    28 June 2004


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