RNS Number:2517E
Archimedes Investment Trust PLC
25 May 2001

Schedule 10 - Notification of Major Interests in Shares

1 Name of company:

Archimedes Investment Trust PLC

2 Name of shareholder having a major interest:

Investec Holdings (UK) 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:

IN RESPECT OF CLIENTS OF GROUP COMPANIES OF SHAREHOLDER IN (2) ABOVE

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

Various - see under Additional Information below

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:

25P Income Shares

10 Date of transaction:

Not disclosed

11 Date company informed:

25 May 2001

12 Total holding following this notification:

189,168

13 Total percentage holding of issued class following this notification:

15.44

14 Contact name for queries:

Heather Williams

15 Contact telephone number:

020 7597 1843

16 Name of company official responsible for making notification:

Heather Williams

17 Date of notification:

25 May 2001









Additional Information:

Consolidated Investec Group managed holdings of 25p Income shares are
registered as follows:






Ferlim Nominees Limited                                       47,018
Carr PEP Nominees Limited                                     67,150
Vidacos Nominees Limited                                      75,000
                                                              -------
                                                              189,168
                                                              =======





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