RNS Number:0023T
Govett Strategic Trust plc
08 December 2003


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


        1) Name of company

        Govett Strategic Trust plc

        2) Name of shareholder having a major interest

        Allianz AG

        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

        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

        Not advised


        5) Number of shares/amount of stock acquired

        -

        6) Percentage of issued class

        -

        7) Number of shares/amount of stock disposed

        750,000

        8) Percentage of issued class

        1.13%

        9) Class of security

        Ordinary shares of 1 penny each

        10) Date of transaction

        2nd December 2003

        11) Date company informed

        8th December 2003

        12) Total holding following this notification

        1,875,000

        13) Total percentage holding of issued class following this notification

        2.83%


        14) Any additional information

        -

        15) Name of contact and telephone number for queries

        Pramal Patel 020 7940 5765

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

        Pramal Patel

        Date of notification 8th December 2003



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