RNS Number:8768S
Alternative Invest. Strategies Ld
04 December 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

Alternative Investment Strategies Limited, Redeemable Ordinary Shares



2)   Name of shareholder having a major interest
The Bank Of New York

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 above


4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them
Stock Lending Collateral (Equity) Nominees Limited A/c DBV

5)   Number of shares/amount of stock acquired
0.00


6)   Percentage of issued class
0.00%


7)   Number of shares/amount of stock disposed
1,265,974


8)   Percentage of issued class
9.29%


9)   Class of security
Redeemable Ordinary


10)  Date of transaction
Not Known


11)  Date company informed
03.12.03


12)  Total holding following this notification
0.0



13)  Total percentage holding of issued class following this notification
0.00%


14)  Any additional information
No


15)  Name of contact and telephone number for queries
David Le Boutillier: 01481 710607


16)  Date of notification:

03.12.03







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