Holding(s) in Company

Herald Investment Trust PLC
07 December 2006

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


HERALD INVESTMENT TRUST PLC



2. Name of shareholder having a major interest


SOCIETE GENERALE OPTION EUROPE



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


IN RESPECT OF SOCIETE GENERALE OPTION EUROPE AND IT'S PARENT COMPANY SOCIETE GENERALE SA



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 SHARES OF 25P EACH



10. Date of transaction


6 DECEMBER 2006




11. Date company informed


7 DECEMBER 2006



12. Total holding following this notification


2,651,700



13. Total percentage holding of issued class following this notification


3.03%



14. Any additional information






15. Name of contact and telephone number for queries


ERIN LONGMUIR



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






Date of notification


7 DECEMBER 2006



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