Holding(s) in Company

Electra Investment Trust PLC
09 March 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
ELECTRA INVESTMENT TRUST PLC

2. Name of shareholder having a major interest
DEUTSCHE BANK AG, LONDON

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
SEE 14. BELOW

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
NOT DISCLOSED

5. Number of shares / amount of stock acquired
NOT DISCLOSED

6. Percentage of issued class
NOT DISCLOSED

7. Number of shares / amount of stock disposed
NOT DISCLOSED

8. Percentage of issued class
NOT DISCLOSED

9. Class of security
ORDINARY 25p SHARES

10. Date of transaction
NOT DISCLOSED


11. Date company informed
8 MARCH 2004

12. Total holding following this notification
7,728,861 ORDINARY SHARES OF 25p EACH

13. Total percentage holding of issued class following this notification
11.87%

14. Any additional information
DEUTSCHE BANK AG LONDON ADVISE THAT PART OF HOLDING MAY RELATE TO HEDGING ARRANGEMENTS FOR CUSTOMER
TRANSACTIONS, AND COMPANIES WITHIN THE GROUP ACTING AS FUND MANAGERS HOLD SOME OF THE SHARES ON BEHALF OF
A NUMBER OF CLIENTS WHOSE PORTFOLIOS ARE MANAGED ON A DISCRETIONARY BASIS.

15. Name of contact and telephone number for queries
PJ DYKE, SECRETARY, 020 7831 6464

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

Date of notification
9 MARCH 2004




                      This information is provided by RNS
            The company news service from the London Stock Exchange