RNS Number:1442R
Scottish Investment Trust PLC
21 October 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

The Scottish Investment Trust PLC


2. Name of shareholder having a major interest

Scottish Widows Investment Management Ltd


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

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




6. Percentage of issued class




7. Number of shares / amount of stock disposed

Not disclosed


8. Percentage of issued class

Not disclosed


9. Class of security

Ordinary stock units of 25p


10. Date of transaction

Not disclosed





11. Date company informed

21 October 2003


12. Total holding following this notification

Not disclosed


13. Total percentage holding of issued class following this notification

Not disclosed


14. Any additional information

Notification made on behalf of Lloyds TSB Group plc, Lloyds TSB Bank plc and
Scottish Widows Group Limited advises that Scottish Widows Investment Management
Ltd, known as Scottish Widows Investment Partnership Ltd, no longer has a
notifiable interest in the company's ordinary stock.


15. Name of contact and telephone number for queries

Iain Harding 0131 225 7781


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

Iain Harding


Date of notification

21 October 2003


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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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