RNS Number:0683H
Archimedes Investment Trust PLC
17 July 2001


1   Name of company:

Archimedes Investment Trust PLC



2   Name of shareholder having a major interest:

BFS Income & Growth Trust PLC



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:

HSBC Global Custody Nominees Ltd a.c 888107



5   Number of shares/amount of stock acquired:



6   Percentage of issued class:



7   Number of shares/amount of stock disposed:

108,335



8   Percentage of issued class:

8.842



9   Class of security:

50p Capital shares



10  Date of transaction:

Not disclosed



11  Date company informed:

17 July 2001



12  Total holding following this notification:

Nil



13  Total percentage holding of issued class following this notification:





14  Contact name for queries:

Heather Williams



15 Contact telephone number:

020 7597 1843



16  Name of company official responsible for making notification:
Heather Williams



17        Date of notification:

17 July 2001
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