SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1) Name of company
Gartmore Balanced Assets Trust PLC
2) Name of shareholder having a major interest
Aberdeen Asset Management
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
Aberdeen High Income Trust PLC 3,422,594 7.46%
Convertible Income Trust Plc 500,000 1.09%
St Davids Investment Trust Plc 6,500,000 14.17%
Edinburgh Leveraged Income Plc 600,000 1.31%
Edinburgh Pacific & Income Trust Plc 1,100,000 2.40%
Edinburgh High Income Trust 1,700,000 3.70%
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13,822,594 30.13%
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4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.
5) Number of shares/amount of stock acquired
3,400,000
6) Percentage of issued class
7.41%
7) Number of shares/amount of stock disposed
8) Percentage of issued class
9) Class of security
Ordinary 1p shares
10) Date of transaction
24 October 2003
11) Date company informed
10 November 2003
12) Total holding following this notification
13,822,594
13) Total percentage holding of issued class following this notification
30.13%
14) Any additional information
15) Name of contact and telephone number for queries
Gurmit Harar
0207 782 2411
16) Name and signature of authorised company official responsible for
making this notification
Gartmore Investment Limited
Date of notification 11th November 2003