SIT Sanditon Investment Trust Plc

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached

Sanditon Investment Trust PLC

2. Reason for the notification                                        State
                                                                     Yes/No

An acquisition or disposal of voting rights                             X

An acquisition or disposal of financial instruments which may
result in the
acquisition of shares already issued to which voting rights are
attached

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification        Old Mutual Plc
obligation

4. Full name of shareholder(s) (if different from 3.)

5. Date of the transaction (and date on which the              26-02-2015
threshold is crossed
or reached if different)

6. Date on which issuer notified:                              09-03-2015

7. Threshold(s) that is/are crossed or reached:                    6%


8. Notified details:

A: Voting rights attached to shares

 Class/type of       Situation       Resulting situation after the triggering
     shares         previous to                    transaction
  if possible     the triggering
 using the ISIN     transaction
      CODE

                  Number   Number   Number   Number of voting   Percentage of
                    of       of       of          rights            voting
                  Shares   Voting   shares                          rights
                           Rights

                                             Direct  Indirect  Direct  Indirect

  GB00BMPHJ807                                       3,370,200          6.74%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

   Type of     Expiration       Exercise/        Number of voting       % of
  financial       date          Conversion      rights that may be     voting
 instrument                       Period          acquired if the      rights
                                                    instrument
                                                   is exercised/
                                                     converted


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

  Type of    Exercise Expiration Exercise /  Number of voting    % of voting
 financial    price      date    Conversion  rights instrument      rights
 instrument                        period        refers to

                                                               Nominal   Delta

    N/A


Total (A+B+C)

Number of voting rights                 % of voting rights

3,370,200                               6.74%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable:

N/A


Proxy Voting:

10. Name of the proxy holder:                                 N/A

11. Number of voting rights proxy holder will cease to hold:  N/A

12. Date on which proxy holder will cease to hold voting      N/A
rights:

13. Additional
information:

14. Contact name:        Rose Coyle

15. Contact telephone    0207 002 7503
number :