Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Edinburgh Dragon Trust plc 2) Name of shareholder having a major interest Lazard Asset Management 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 On behalf of 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 not disclosed 6) Percentage of issued class not disclosed 7) Number of shares/amount of stock disposed n/a 8) Percentage of issued class n/a 9) Class of security Ordinary 10) Date of transaction Not disclosed 11) Date company informed 21/10/02 12) Total holding following this notification 29,569,920 13) Total percentage holding of issued class following this notification 13.05% 14) Any additional information n/a 15) Name of contact and telephone number for queries Amanda Fraser 16) Name and signature of authorised company official responsible for making this notification Date of notification 21/10/02 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/21/20021021BIT01200/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/21/20021021BIT01200/wkr0002.pdf