RNS Number:6413R
Private Investors Capital Trust PLC
04 November 2003



Notification of Major Interests in Shares

1 Name of company:

Private Investors Capital Trust Plc

2 Name of shareholder having a major interest:

The Royal Bank of Scotland plc, The Royal Bank of Scotland Group Plc, Adam &
Company Group Plc and Adam & Company Investment Management Limited

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:

Non-beneficial


4 Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:



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:

#1 Ordinary shares

10 Date of transaction:


11 Date company informed:

4th November 2003

12 Total holding following this notification:

Nil

13 Total percentage holding of issued class following this notification:

0.00%

14 Contact name for queries:

Ivan Blair of Adam & Company Investment Management Ltd

15 Contact telephone number:

0131 472 7973

16 Name of company official responsible for making notification:

As above

17 Date of notification:

4th November 2003




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

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