RNS Number:1205U
Murray Global Return Trust PLC
12 January 2004



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

MURRAY GLOBAL RETURN TRUST PLC

2) Name of shareholder having a major interest

CARROUSEL CAPITAL LTD


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 4

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

THE CARROUSEL FUND LTD   10,225,000

THE CARROUSEL FUND II LTD 2,850,000
                         ----------
                         13,075,000

5) Number of shares/amount of stock acquired

-

6) Percentage of issued class

-

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security

ORDINARY 25p

10) Date of transaction

9 January 2004

11) Date company informed

9 January 2004

12) Total holding following this notification

13,075,000

13) Total percentage holding of issued class following this notification

12.17%

14) Any additional information

15) Name of contact and telephone number for queries

DAVID RUSSELL 0141 306 7555

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

12 JANUARY 2004

Date of notification .......................






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