RNS Number:8488R
Schroder Ventures Intl Inv Tst PLC
07 November 2003

                                                                 7 November 2003

                    Substantial Share Interest Notification

We are writing to advise you that following the placement of 10,239,100 new
ordinary shares the Company was notified on 5 November 2003 that following
purchases of shares totalling 2,250,000 on 4 November 2003, Morley Fund
Management Limited (a subsidiary of Aviva plc) has an interest in 3,861,340
ordinary shares of #1 each in the Company, giving the Aviva group an interest in
3.43 per cent of the 112,630,112 shares in issue.


Enquiries:

John Spedding

Schroder Investment Management Limited

Tel: 020 7658 3206


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