RNS Number:5707W
Utilico Investment Trust PLC
14 May 2007

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES







1.   Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:



Utilico Investment Trust PLC



2. Reason for the notification:



Change in issued share capital



3. Full name of person(s) subject to the notification obligation:



F&C Asset Management plc



4. Full name of shareholder(s) (if different from 3.):



See 9. below



5. Date of the transaction (and date on which the threshold is crossed or
reached if different):



11 May 2007



6. Date on which issuer notified:



14 May 2007



7. Threshold(s) that is/are crossed or reached:



13%



8. Notified details:





A: Voting rights attached to shares


Class/type of shares if possible              Situation previous to the Triggering transaction
using the ISIN CODE
                                  Number of shares                   Number of voting Rights

GB00BOOKTN51                      8,312,734                          8,312,734



Resulting situation after the triggering transaction


Class/type of shares Number of shares   Number of voting rights          % of voting rights
if possible using
the ISIN CODE
                     Direct             Direct         Indirect          Direct       Indirect

GB00BOOKTN51         8,312,734          8,312,734      0                 12.76%       0%





B: Financial Instruments

Resulting situation after the triggering transaction


Type of         Expiration Date      Exercise/Conversion       Number of voting rights     % of voting rights
financial                            Period/ Date              that may be acquired if the
instrument                                                     instrument is exercised/
                                                               converted.

N/A

Total (A+B)
Number of voting rights        % of voting rights


8,312,734                      12.76%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:



F&C Asset Management plc:


Client                                                    No of voting      % of total    Registered Name
                                                          rights            voting rights
Foreign & Colonial Investment Trust PLC                   6,481,367         9.95%         Chase Nominees Ltd
Other clients hold less than 3%



Proxy Voting:



10. Name of the proxy holder:



F&C Asset Management plc



11. Number of voting rights proxy holder will cease to hold:



n/a



12. Date on which proxy holder will cease to hold voting rights:



n/a



13. Additional information:



F&C Investment Trust Savings Schemes have the following holdings on which we do
not control the voting rights (VR):



- F&C Pension Savings Plan 336,766 VR 0.52%

- F&C Private Investor Plan 1,216,359 VR 1.88%

- F&C ISA Plan 711,222 VR 1.10%

- F&C PEP Plan 3,035,496 VR 4.69%



Total savings scheme shares 5,299,843; VR 8.19%





14. Contact name:



Debbie Fish

For and on behalf of F&C Management Limited, Secretary



15. Contact telephone number:



020 7011 5010




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

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