RNS Number:3549R
Electra Investment Trust PLC
27 October 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
     DEUTSCHE BANK AG, LONDON


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
     SEE 14 BELOW


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
     27 OCTOBER 2003


12)  Total holding following this notification
     7,962,824 ORDINARY 25P SHARES

               
13)  Total percentage holding of issued class following this notification
     12.21%


14)  Any additional information
     DEUTSCHE BANK AG LONDON ADVISE THAT PART OF THIS HOLDING MAY RELATE TO 
     HEDGING ARRANGEMENTS FOR CUSTOMER TRANSACTIONS, AND COMPANIES WITHIN THE 
     GROUP ACTING AS FUND MANAGERS HOLD SOME OF THE SHARES ON BEHALF OF A NUMBER 
     OF CLIENTS WHERE PORTFOLIOS ARE MANAGED ON A DISCRETIONARY BASIS.


15)  Name of contact and telephone number for queries
     P.J. DYKE, 020 7831 6464


16)  Name and signature of authorised company official responsible for 
     making this notification
     
     Date of Notification
     27 OCTOBER 2003


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

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