ADR Allianz Dres.2

RNS Number:9224X
Allianz Dresdr 2 Endw Policy TstPLC
22 April 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

     Allianz Dresdner Second Endowment Policy Trust plc


2)   Name of shareholder having a major interest

     Deutsche Bank AG


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.




4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them:
     
     Deutsche Bank Aktiengesellschaft London A/C PROP0001


5)   Number of shares/amount of stock acquired

     -


6)   Percentage of issued class

     -


7)   Number of shares/amount of stock disposed

     -


8)   Percentage of issued class

     -


9)   Class of security

     Ordinary Shares of 5p each / Ordinary Shares of 1p each


10)  Date of transaction

     Not Disclosed


11)  Date company informed

     22 April 2004


12)  Total holding following this notification

     825,000 2006 Shares of 5p each
     1,800,000 2009 Shares of 1p each
     

13)  Total percentage holding of issued class following this notification

     4.11% (2006 Shares)  9.12% (2009 Shares)


14)  Any additional information

     -


15)  Name of contact and telephone number for queries

     P W I Ingram
     020 7065 1467


16)  Name of company official responsible for
     making this notification:

     P W I Ingram


Date of notification 22 April 2004


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

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