RNS Number:3466T
Prospect Japan Fund Ld
20 March 2007



For immediate release                                            20th March 2007


                          Prospect Japan Fund Limited
                                (the "Company")

                         Re: Shareholder Notification



The company has been notified by British Empire Securities and General Trust
Plc, that they have a total interest of 10,467,678 shares, or
10.18% of the issued share capital.




All Enquiries:

Douglas Mackay
Northern Trust International Fund Administration Services (Guernsey) Limited
PO Box 255
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel: 01481 745339
Fax: 01481 745071




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

END
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