RNS Number:0362R
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


Martin Currie Portfolio Investment Trust 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


As 2



5. Number of shares / amount of stock acquired


N/A



6. Percentage of issued class


N/A



7. Number of shares / amount of stock disposed


N/A



8. Percentage of issued class


N/A



9. Class of security


Ordinary Shares



10. Date of transaction


17/08/05



 11. Date company informed


30/08/05



12. Total holding following this notification


31,097,772 A Shares

7,836,624 B Shares

38,934,396 Total



13. Total percentage holding of issued class following this notification


46.36 A Shares

20.00 B Shares

24.95 of all classes



14. Any additional information


As a result of the enlarged share capital in F&C Private Equity Trust plc following the issue of 49,758,449 C shares
the number of shares held by Martin Currie Portfolio Investment Trust plc represents 24.95% of the share capital in
that they hold a total of 38,934,396 shares.



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
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it, or from any action or decision taken as a result of using this document or
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END

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