Letter from Eaglet Investment Trust plc

Received 21st October 2003

Dear Sir

SECTION 198 - 210 COMPANIES ACT 1985 (AS AMENDED)

As required under the terms of the above Act, I am writing to advise you of the
following transactions affecting notifiable interests held by the above
Company;

14.10.03 Stock Split 20,940,641 Ordinary 5p Nil Paid (05/11/03)

17.10.03 Sold 2,500,000 Ordinary 5p Nil Paid (05/11/03)

20.10.03 Sold 3,000,000 Ordinary 5p Nil Paid (05/11/03)

These transactions leave the Trust's holding at 15,440,641 Ordinary 5p Nil Paid
(05/11/03) shares, which according to our records, now represents a holding of
11.461% of this class of capital.

The Shares will be held in the name of HSBC Global Custody Nominees Ltd.
Account Designate EAGLET - 866379.

Yours faithfully

Tina Parsons

For and on behalf of

Sinclair Henderson Ltd



END