RNS Number:6397T
F&C Private Equity Trust PLC
23 March 2007



                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


F&C Private Equity Trust  plc (A Shares)



2. Name of shareholder having a major interest


CG Asset Management Limited



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


Nortrust Nominees - 2,541,320

Smith & Williamson Nominees (less than 3%)



5. Number of shares / amount of stock acquired


n/a - Transitional provision



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


A Share



10. Date of transaction


n/a



11. Date company informed


19/03/07



12. Total holding following this notification


4,066,320



13. Total percentage holding of issued class following this notification


6.06



14. Any additional information






15. Name of contact and telephone number for queries


Susan Edgar  0131 718 1000



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


Martin Cassels, Company Secretary



17. Date of notification


23/03/07



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                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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