Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Split Level Trust plc 2) Name of shareholder having a major interest ISIS Asset Management plc 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 Notification on behalf of the following discretionary client: Royal & Sun Alliance Life & Pension Ltd 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Littledown Nominees Limited 5) Number of shares/amount of stock acquired N/A 6) Percentage of issued class N/A 7) Number of shares/amount of stock disposed 340,000 Income Shares of 10p 340,000 Capital shares of 10p 8) Percentage of issued class 1.1% of the Income Shares of 10p each 1.1% of the Capital Shares of 10p each 9) Class of security Both Income Shares of 10p and Capital Shares of 10p as detailed 10) Date of transaction 26 March 2003 11) Date company informed 27 March 2003 12) Total holding following this notification 860,835 Income Shares of 10p 860,835 Capital Shares of 10p 13) Total percentage holding of issued class following this notification 2.8% of the Income Shares of 10p each 2.8% of the Capital Shares of 10p each 14) Any additional information n/a 15) Name of contact and telephone number for queries David Holland - 0131 220 0733 16) Name and signature of authorised company official responsible for making this notification David Holland, for Aberforth Partners, Secretaries. Date of notification - 28 March 2003 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/28/20030328BIT00390/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/28/20030328BIT00390/wkr0002.pdf

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