Holding(s) in Company

Witan Investment Trust PLC
22 October 2007

Form TR-1 with annex. FSA Version 2.1 updated April 2007


For filings with the FSA include the annex

For filings with issuer exclude the annex


TR-1: Notifications of Major Interests in Shares


1. Identity of the issuer or the underlying issuer of        Witan Investment Trust plc
existing shares to which voting rights are attached:


2. Reason for notification (yes/no)
                                                                                       

An acquisition or disposal of voting rights                                 X


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached


An event changing the breakdown of voting rights


Other (please specify):______________
                                                    

3. Full name of person(s) subject to notification   Carrousel Capital Ltd
obligation:                                         Investment Manager
                                                    

4. Full name of shareholder(s) (if different from   The Carrousel Fund Ltd
3):                                                 The Carrousel Fund II Ltd
                                                    

5. Date of transaction (and date on which the       11 October 2007
threshold is crossed or reached if different):
                                                    

6. Date on which issuer notified:                   12 October 2007
                                                    

7. Threshold(s) that is/are crossed or reached:     3%


8: Notified Details

A: Voting rights attached to shares


Class/type of     Situation previous to the Resulting situation after the triggering transaction
shares            triggering transaction
                  Number of    Number of    Number of    Number of voting rights  Percentage of voting
If possible use   shares       voting       shares                                rights
ISIN code                      rights

                                                         Direct       Indirect    Direct       Indirect
Ordinary          12,860,607  12,860,607     0            0            0             0%           0%
GB0000580653



B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial   Expiration date     Exercise/ conversion No. of voting rights    Percentage of voting
instrument                              period/date          that may be acquired    rights
                                                             (if the instrument
                                                             exercised/converted)


Total (A+B)


Number of voting rights                            Percentage of voting rights
         0                                                     0%




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


Carrousel Capital Ltd prime brokers hold the shares in nominees accounts.



Bear Stearns (Vidacos Nominees a/c Bear Stearns)



Citigroup (Vidacos Noms Ltd)




Proxy Voting:


10. Name of proxy holder:


11. Number of voting rights proxy holder will
cease to hold:


12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:


14 Contact name:                                    Bruno Sangle- Ferriere, Hamish Johnston -Stewart


15. Contact telephone name:                         020 7529 5981, 020 7529 5982





For notes on how to complete form TR-1 please see the FSA website.

Note: Annex should only be submitted to the FSA not the issuer


Annex: Notification of major interests in shares




A: Identity of the persons or legal entity subject to the notification obligation
Full name

(including legal form of legal entities)             Carrousel Capital Limited


Contact address                                      Hammond House
(registered office for legal entities)               117 Piccadilly
                                                     London
                                                     W1J 7JU
Phone number & email                                 00 44 20 7493 6518


Other useful information                             Legal Advisers: Dechert London
(at least legal representative for legal persons)



B: Identity of the notifier, if applicable
Full name                                            Bruno Sangle-Ferriere/Hamish Johnston-Stewart


Contact address                                      Carrousel Capital Ltd
                                                     Hammond House
                                                     117 Piccadilly
                                                     London
                                                     W1J 7JU

Phone number & email                                 020 7529 5981/ 020 7529 5982


Other useful information

(e.g. functional relationship with the person or
legal entity subject to the notification obligation)


C: Additional information





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