RNS Number:5963F
F&C Private Equity Trust PLC
03 July 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

British Empire Securities and General 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

Chase Nominees Limited a/c CREST BT01C


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

03/07/06


12. Total holding following this notification

2,551,580


13. Total percentage holding of issued class following this notification

3.78


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

03/07/06


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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.


                      This information is provided by RNS
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END

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