RNS Number:0922L
Jersey Phoenix Trust Ld
3 October 2001


Letter to Company Announcements Office

Notification of Major Interest in Ordinary 10p Shares

We write to inform you that we were notified today by Exeter Asset Management 
Limited ("EAM") of the following transaction on behalf of a company under their 
management:

2 October 2001 - Purchase of 2,500,000 shares for Dartmoor Investment Trust Plc.

The aggregate number of Ordinary Shares of this company held under the 
management of EAM now amounts to 3,200,000 shares, allocated as follows:
 
                                             Holding         % of issued
                                                            share capital

Dartmoor Investment Trust Plc               3,000,000           9.01%
Exeter Smaller Companies Income               200,000           0.60%
                                            ---------           -----
                                            3,200,000           9.61%


Letter from: EFG Reads Secretaries Limited
             Secretary to Jersey Phoenix Trust Limited
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