RNS Number:8669T
Second London American Trust PLC
05 January 2004


                Second London American Trust plc (the "Company")

In compliance with paragraph 21.20 (1) of the Listing Rules of the UK Listing
Authority, we hereby give notice that, as at 31 December 2003, the following is
a list of the Company's six largest investments which includes those with a
value greater than 5% of the Company's gross assets:

Name of Investee Company      Class of share                     Market
                                                                 Value #'000

Sinogen International, Inc    Common                             3,017
Landorne Corporation          Common                             1,173
Castelle, Inc                 Common                               543
Select Comfort Corporation    Common                               289
Managing Editor, Inc          Preferred Series A                   140
Select Comfort Corporation    Warrants exercisable @ $3.21          88


J O Hambro Capital Management Limited
Company Secretary

5 January 2004


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