Holding in Company

Finsbury Worldwide Pharm Tst PLC
14 December 2001

                                 SCHEDULE 10
                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

Finsbury Worldwide Pharmaceutical Trust PLC

2) Name of shareholder having a major interest

Church Commissioners for England

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

Chase (GIS) Nominees Limited

5) Number of shares/amount of stock acquired

N/A

6) Percentage of issued class

N/A

7) Number of shares/amount of stock disposed

100,000

8) Percentage of issued class

0.25%

9) Class of security

Ordinary shares of 25p each

10) Date of transaction

13 December 2001

11) Date company informed

14 December 2001

12) Total holding following this notification

1,100,000

13) Total percentage holding of issued class following this notification

2.82%

Close Finsbury Asset Management Limited

Secretary

14 December 2001