Holding(s) in Company

Electra Investment Trust PLC
29 April 2005


For Immediate Release


                                  SCHEDULE 10

                    NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

ELECTRA INVESTMENT TRUST PLC

2. Name of shareholder having a major interest

PRUDENTIAL PLC AND CERTAIN OF ITS SUBSIDIARY COMPANIES

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 HOLDER NAMED IN 2. ABOVE

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

PRUDENTIAL PLC:

MAGIM HSBC GIS NOM(UK) SALI - 5,327 SHARES
PRUCLT HSBC GIS NOM(UK) PAC AC - 2,179,182 SHARES
PRUCLT HSBC GIS NOM(UK) PPL AC - 17,177 SHARES
PRUCLT HSBC GIS NOM(UK) EQBF AC - 2,687 SHARES
PRUCLT HSBC GIS NOM(UK) MNBF AC - 4,784 SHARES
PRUCLT HSBC GIS NOM(UK) PENE AC - 17,847 SHARES
PRUDENTIAL HOLBORN PENSIONS LTD - 1,825 SHARES

THE PRUDENTIAL ASSURANCE COMPANY LIMITED:

MAGIM HSBC GIS NOM(UK) SALI - 5,327 SHARES
PRUCLT HSBC GIS NOM(UK) PAC AC - 2,179,182 SHARES
PRUCLT HSBC GIS NOM(UK) PPL AC - 17,177 SHARES

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 25 PENCE EACH

10. Date of transaction

NOT DISCLOSED

11. Date company informed

29 APRIL 2005

12. Total holding following this notification

2,228,829 ORDINARY SHARES OF 25 PENCE EACH

13. Total percentage holding of issued class following this notification

5.00%

14. Any additional information

/

15. Name of contact and telephone number for queries

PJ DYKE, COMPANY SECRETARY, 020 7831 6464

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

PJ DYKE, COMPANY SECRETARY, 020 7831 6464

Date of notification

29 APRIL 2005


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