RNS Number:6025S
St.David's Inv Tst PLC
27 November 2003



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

St. David's Investment Trust PLC

2. Name of shareholder having a major interest

Funds under the management of Aberdeen Asset Management PLC

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


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

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

645,573

8. Percentage of issued class

0.80%

9. Class of security

Ordinary 1p shares

10. Date of transaction

25 November 2003



11. Date company informed

27 November 2003

12. Total holding following this notification

16,900,933

13. Total percentage holding of issued class following this notification

20.90%

14. Any additional information

The breakdown of holdings are as follows:

Fund Name               Registered Name    Number of     Percentage of
                                           shares        issued share
                                           held          cap.

Aberdeen High Income    State Street       Nil           Nil
Trust PLC               Nominees Ltd for
                        XCC4

The Media & Income      State Street       1,319,200     1.63%
Trust PLC               Nominees Ltd for
                        XCD7

Aberdeen Preferred      State Street       12,643,677    15.64%
Income Trust PLC        Nominees Ltd for
                        XCC8

Aberdeen Discretionary                     58,571        0.07%
Private Clients -
Jersey

Murray Emerging Growth  Chase Nominees     879,485       1.09%
& Income Trust Plc      Ltd

Edinburgh High Income   BNY (OCS)          1,000,000     1.24%
Trust                   Nominees Ltd
                        219651

Edinburgh Leveraged     BNY (OCS)          1,000,000     1.24%
Income Plc              Nominees Ltd
                        219661


15. Name of contact and telephone number for queries

Ruth Humphrey, 020 7463 6305

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

Aberdeen Asset Management PLC - Secretary

Date of notification

27 November 2003




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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