SCHEDULE 10                                  
                                                                               
                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1) Name of company

Liontrust Asset Management PLC

2) Name of shareholder having a major interest

Legal & General Group 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.

As in 2

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

HSBC Global Custody Nominee (UK) Limited

5) Number of shares/amount of stock acquired
 
325,000
 
6) Percentage of issued class
 
0.97
 
7) Number of shares/amount of stock disposed
 
-
 
8) Percentage of issued class
 
-
 
9) Class of security
 
Ordinary 1p
 
10) Date of transaction
 
19 March 2003
 
11) Date company informed
 
20 March 2003
 
12) Total holding following this notification
 
1,612,364
 
13) Total percentage holding of issued class following this notification
 
4.81
 
14) Any additional information
 
-
 
15) Name of contact and telephone number for queries
 
David V Gibbons 020 7220 3217

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

David V Gibbons, Company Secretary

Date of notification: 21 March 2003



END