RNS Number:2000Q
Govett Strategic Trust plc
25 September 2003


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

Govett Strategic Trust PLC


2) Name of shareholder having a major interest

Allianz AG and its subsidiaries, including Merchant Investors Assurance Company
Limited


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

As in 2


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Not advised

5) Number of shares/amount of stock acquired

2,550,000 ordinary shares

6) Percentage of issued class

3.852%

7) Number of shares/amount of stock disposed

-
8) Percentage of issued class

-
9) Class of security
Ordinary Shares of 1 Penny each

10) Date of transaction

22 September 2003

11) Date company informed

25 September 2003

12) Total holding following this notification

3,625,000 ordinary shares

13) Total percentage holding of issued class following this notification

5.475%

14) Any additional information

The shares were purchased by Merchant Investors Assurance Company Limited.

As a result of the purchase, the following companies are also interested in the
shares:

Allianz AG, the ultimate holding company of Merchant Investors Assurance Company
Limited; The M.I. Group Limited; Allianz UK Limited; Allianz Europe Limited;
Allianz Lebensvericherungs AG; Jota Vermogensverwaltungs GmbH.

15) Name of contact and telephone number for queries

Eleanor Cranmer 020 7940 5742


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

Eleanor Cranmer

Date of notification 25 September 2003


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

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