RNS Number:1361P
Close Finsbury Eurotech Trust PLC
28 August 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
Close Finsbury EuroTech Trust PLC

2. Name of shareholder having a major interest
BNP Paribas Arbitrage

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 above

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

5. Number of shares / amount of stock acquired
50,000

6. Percentage of issued class
0.15%

7. Number of shares / amount of stock disposed
N/A

8. Percentage of issued class
N/A

9. Class of security
Ordinary shares of 10p each

10. Date of transaction
27 August 2003

 11. Date company informed
28 August 2003

12. Total holding following this notification
2,100,000

13. Total percentage holding of issued class following this notification
6.14%

14. Any additional information
N/A

15. Name of contact and telephone number for queries
Tracey Gower - 020 7426 6219

16. Name and signature of authorised company official responsible for making
this notification
Tracey Gower, for and on behalf of Close Finsbury Asset Management Limited

Date of notification
28 August 2003

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for loss of business or loss of profits) arising in contract, tort or otherwise
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