RNS No 4371e
FINSBURY ALTERNATIVE INVESTMENT STRATEGIES LIMITED
1 October 1999


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Finsbury Alternative Investment Strategies Ltd

2   Name of shareholder having a major interest:
Apollo Fund 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:
As 2 above

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

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:
80,000

8   Percentage of issued class:
1.44%

9   Class of security:
Ordinary Shares

10  Date of transaction:
30th September

11  Date company informed:
30th September

12  Total holding following this notification:
153,684

13  Total percentage holding of issued class following this notification:
2.77%

14  Contact name for queries:
Mike Falla

15 Contact telephone number:
01481 710607

16  Name of company official responsible for making notification:
Mike Falla

17  Date of notification:
1st October 1999


Additional Information:


END

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