RNS Number:3530O
Private Investors Capital Trust PLC
05 August 2003


Notification of Major Interests in Shares


1 Name of company:

Private Investors Capital Trust Plc


2 Name of shareholder having a major interest:

The Royal Bank of Scotland plc, The Royal Bank of Scotland Group Plc, Adam &
Company Group Plc and Adam & Company Investment Management 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:




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

Adam & Company Nominees Limited A/C AIM - 786,860


5 Number of shares/amount of stock acquired:




6 Percentage of issued class:




7 Number of shares/amount of stock disposed:




8 Percentage of issued class:




9 Class of security:

#1 Ordinary shares


10 Date of transaction:




11 Date company informed:

5th August 2003


12 Total holding following this notification:

786,860


13 Total percentage holding of issued class following this notification:

14.22%


14 Contact name for queries:

Ivan Blair of Adam & Company Investment Management Ltd


15 Contact telephone number:

0131 472 7938


16 Name of company official responsible for making notification:

As above


17 Date of notification:

5th August 2003




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

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