Welsh Indl.Inv.Tst

Holding(s) in Company

Welsh Industrial Investment Trust plc

36 Elder Street, London E1 6BT

Holding(s) in Company

Welsh Industrial Investment Trust plc has received the following
notification of major interests in shares:


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

   Welsh industrial Investment Trust plc

2. Reason for the notification:

   An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

   AXA S.A, 25 Avenue Matignon, 75008 Paris and its group of companies

4. Full name of shareholder(s) (if different from 3.):

   As above

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

   17 February 2009

6. Date on which issuer notified:

   20 February 2009

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


8. Notified details:

   A: Voting rights attached to shares

   Class/type of shares if possible using the ISIN CODE: GB0000947765
                                                         Ordinary (5p)
   Situation previous to the Triggering transaction
      Number of shares                          250
      Number of voting Rights                   250

   Resulting situation after the triggering transaction

      Number of shares                        Direct  57,978
      Number of voting rights                 Direct  57,978
                                            Indirect  250
      % of voting rights                      Direct  4.29
                                            Indirect  0.02

   B: Financial Instruments
   Resulting situation after the triggering transaction

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

   Total (A+B)
   Number of voting rights                          58,228
   % of voting rights                               4.31%

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


Proxy Voting:

10. Name of the 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:

   Kyere Tabiri

15. Contact telephone number

   020 7003 1510

25 February 2009