RNS Number:2568H
Archimedes Investment Trust PLC
20 July 2001

1 Name of company:

Archimedes Investment Trust PLC

2 Name of shareholder having a major interest:

AXA INVESTMENT MANAGERS UK 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:

See below

5.    Number of shares/amount of stock acquired:

Not disclosed

6 Percentage of issued class:

7 Number of shares/amount of stock disposed:

19,000

8 Percentage of issued class:

 1.6

9 Class of security:

50p Capital shares

10 Date of transaction:

Not disclosed

11 Date company informed:

20 July 2001

12 Total holding following this notification:

215,000

13 Total percentage holding of issued class following this notification:

17.54

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:

20 July 2001


Beneficial Owner                No.    c/o issued  Registered Holder
                                Shares capital

Pan Euro UK Secure Growth       25,000 2.04        Barclays Nominees Ltd a/c
                                                   6000 BQ

Trustees of the Sun Life Global 70,000 5.71        Bank Generale Luxembourg a/c
Management Distribution                            750749

Sun Life International (IOM)    120,000 9.79        Sun Life International Isle
Ltd                                                of Man Ltd. a/c SLI11
                                215,000 17.54



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