RNS Number:4668M
Electra Investment Trust PLC
18 June 2003



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

ELECTRA INVESTMENT TRUST PLC

2. Name of shareholder having a major interest

SG OPTIONS EUROPE & SOCIETE GENERALE 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

IN RESPECT OF SHAREHOLDER NAMED 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

NOT DISCLOSED

5. Number of shares / amount of stock acquired

NOT DISCLOSED

6. Percentage of issued class

NOT DISCLOSED

7. Number of shares / amount of stock disposed

NOT DISCLOSED

8. Percentage of issued class

NOT DISCLOSED

9. Class of security

ORDINARY 25p SHARES

10. Date of transaction

NOT DISCLOSED



11. Date company informed

17 JUNE 2003

12. Total holding following this notification

1,958,000 ORDINARY 25p SHARES

13. Total percentage holding of issued class following this notification

                                                                   3.0%

14. Any additional information

/

15. Name of contact and telephone number for queries

PJ DYKE, SECRETARY, 020 7 831 6464

16. Name and signature of authorised company official responsible for making
this notification

AS ABOVE

Date of notification

18 JUNE 2003

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document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
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