RNS Number:0360R
F&C Private Equity Trust PLC
08 September 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


F&C Private Equity Trust plc



2. Name of shareholder having a major interest


F&C Asset Management plc



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 2



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


HSBC Global Custody Nominee UK Limited - 2,077,801 for FPLP Inv Trust Strategic 
Portfolio

HSBC Global Custody Nominee UK Limited - 20,000,000 for Friends Provident Main 
Fund

HSBC Global Custody Nominee UK Limited - 1,638,182 for FPLLA Investment Trust 
Fund

HSBC Global Custody Nominee UK Limited - 2,753,633 for FPCP Investment Trust

Chase Nominees Limited - 1,036,059 for ISIS Smaller Companies Trust

Chase Nominees Limited - 319,325 for F&C Inv Funds ICVC III Multi Manager Inv 
Trust

Chase Nominees Limited - 283,897 for F&C Inst Inv Fund ICVC Inst UK Equity Fund

Puddledock Nominees - 2,050,108 for Zerocharge/Trustlink (non-discretionary)

Puddledock Nominees - 772,166 for Zerocharge/Trustlink (discretionary)



5. Number of shares / amount of stock acquired


30,931,171 allotted by scheme of arrangement



6. Percentage of issued class


62.16



7. Number of shares / amount of stock disposed


N/A



8. Percentage of issued class


N/A



9. Class of security


C ordinary shares



10. Date of transaction


17/08/05



 11. Date company informed


30/08/05



12. Total holding following this notification


30,931,171



13. Total percentage holding of issued class following this notification


62.16



14. Any additional information






15. Name of contact and telephone number for queries


Seonaid Cook 0131 465 1073



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


Martin Cassels, Company Secretary



17. Date of notification


08/09/05



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for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.





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