FPEA F&C Priv. Res

RNS Number:0677R
F&C Private Equity Trust PLC
09 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


Caledonia Investments 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


4,536,842



8. Percentage of issued class


9.12



9. Class of security


C ordinary shares



10. Date of transaction


07/09/05



 11. Date company informed


09/09/05



12. Total holding following this notification


Nil



13. Total percentage holding of issued class following this notification


Nil



14. Any additional information


By virtue of the provisions of section 203 of the Companies Act 1985, The Cayzer
Trust Company Limited, a substantial shareholder in Caledonia Investments plc,
has also ceased to be interested in the C shares of F&C Private Equity Trust
plc.



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


09/09/05



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END

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