TWI Taiwan I.T

RNS No 3223t
TAIWAN INVESTMENT TRUST PLC
23rd June 1998

TAIWAN INVESTMENT TRUST PLC (THE COMPANY) RECEIVED NOTICE TODAY UNDER SECTION
198 OF THE COMPANIES ACT 1985 FROM ADVANCE DEVELOPING MARKETS TRUST PLC, THAT
THEY HAVE BOUGHT 1,350,000 ORDINARY SHARES OF 25P IN THE COMPANY.  ADVANCE
DEVELOPING MARKETS TRUST PLC NOW HOLDS 5,183,334 25P ORDINARY SHARES
REPRESENTING 7.29% OF THE COMPANY'S ORDINARY SHARE CAPITAL (PREVIOUSLY 5.39%).


END

HOLBUGBLSGDCCIX

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