FPEA F&C Priv. Res

RNS Number:0120F
F&C Private Equity Trust PLC
22 June 2006



                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


F&C Private Equity Trust plc



2. Name of shareholder having a major interest


Prudential 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


PRUCLT HSBC GIS NOM (UK) PAC AC



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


B



10. Date of transaction


n/a



11. Date company informed


21/06/06



12. Total holding following this notification


5,000,000



13. Total percentage holding of issued class following this notification


7.41



14. Any additional information


Movement in percentage of issued class due to increase of share capital 
following conversion of C shares on 09/06/06.



15. Name of contact and telephone number for queries


Andrew Nicholson  0131 465 1000



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


Martin Cassels, Company Secretary



17. Date of notification


22/06/06



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