RNS Number:7367R
Advance Developing Markets Tst PLC
05 November 2003

                                  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
City of London Investment Management Company 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
Interest as fund manager


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


5) Number of shares/amount of stock acquired
10,920,000


6) Percentage of issued class
13.83%


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
Not known


11) Date company informed
5 November 2003


12) Total holding following this notification
10,920,000


13) Total percentage holding of issued class following this notification
13.83%


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 5 November 2003



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