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Scot.Inv.Trust PLC (SCIN)

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Thursday 09 June, 2005

Scot.Inv.Trust PLC

Holding(s) in Company

Scottish Investment Trust PLC
09 June 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

The Scottish Investment Trust PLC

2. Name of shareholder having a major interest

Carrousel Capital Ltd

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

Shareholder 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

Not disclosed

5. Number of shares / amount of stock acquired

6,516,321

6. Percentage of issued class

3.12

7. Number of shares / amount of stock disposed

8. Percentage of issued class

9. Class of security

Ordinary stock units of 25p

10. Date of transaction

7 June 2005

11. Date company informed

8 June 2005

12. Total holding following this notification

12,566,321

13. Total percentage holding of issued class following this notification

6.01

14. Any additional information

15. Name of contact and telephone number for queries

Iain Harding 0131 225 7781

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

Iain Harding

Date of notification

9 June 2005

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The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
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