88FZ Cov.bs. 26

RNS Number:2950T
Advance Developing Markets Tst PLC
20 March 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)    Name of company
Advance Developing Markets Trust plc


2) Name of shareholder having a major interest
The Metage Special Emerging Markets Fund 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
The 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
CSFB (Europe) Limited a/c PBSIC

5) Number of shares/amount of stock acquired
750,000


6) Percentage of issued class
0.95%


7) Number of shares/amount of stock disposed
-


8) Percentage of issued class
-


9) Class of security
Ordinary shares of 1p


10) Date of transaction
19 March 2002


11) Date company informed
20 March 2002


12) Total holding following this notification
2,750,000


13) Total percentage holding of issued class following this notification
3.48%


14) Any additional information
-


15) Name of contact and telephone number for queries

J.L. Luetchford  0207-490-4355


16) Name of authorised company official responsible for
making this notification

J.L. Luetchford

Date of notification 20 March 2002


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

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