Holding(s) in Company

SCHEDULE 10

                    NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

The Taverners Trust PLC

2. Name of shareholder having a major interest

Custodial Capital Management 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



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them



5. Number of shares / amount of stock acquired

525,000 Ordinary 25p shares

6. Percentage of issued class

3.29%

7. Number of shares / amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary 25p shares

10. Date of transaction

21 July 2004


11. Date company informed

28 July 2004

12. Total holding following this notification

2,116,982 Ordinary 25p shares - see below

13. Total percentage holding of issued class following this notification

13.28%

14. Any additional information

Custodial Capital Management Limited ("CCML") is
associated with Stocks Convertible Trust plc by virtue
of common investment management.  Stocks Convertible
Trust plc holds 1,321,000 Ordinary 25p shares,
representing 8.29% of the issued share capital.  Total
holding of these parties is 3,437,982 Ordinary 25p
shares, representing 21.57% of the issued share
capital.

15. Name of contact and telephone number for queries

Ruth Greenall, 020 7463 6305

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

Aberdeen Asset Management PLC - Secretary

Date of notification

28 July 2004