LCP Lon.Asia China

RNS Number:1976V
London Asia Chinese Private Equity
20 April 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

London Asia Chinese Private Equity Fund Limited



2. Reason for the notification (please state Yes/No): (    )


An acquisition or disposal of voting rights:


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:


An event changing the breakdown of voting rights:


Other (please specify) : Special Notification required by DTR




3. Full name of person(s) subject to the notification obligation (iii):

New Star Asset Management Limited



4. Full name of shareholder(s) (if different from 3.) (iv):





5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):





6. Date on which issuer notified:





7. Threshold(s) that is/are crossed or reached:





8. Notified details:

Voting Rights attached to shares





A: Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)








Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect

GB00B0XF7K04                                                       4,984,000            0.00%       9.97%





B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.








Total (A+B)

Number of voting rights        % of voting rights

4,984,000                      9.97%




9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

New Star Global Strategic Capital Unit Trust 2,000,000
New Star UK Strategic Capital Unit Trust 1,250,000
New Star Financials Hedge Fund Limited 388,250
The New Star Global Fund - British Lion Portfolio 91,750
Lyxor/New Star Financials Hedge Fund Limited 57,000
New Star Select Opportunities Fund 800,000
Sail Flagship Managed Account VIII Ltd 42,000
Private Clients 355,000



Proxy Voting:

10. Name of the proxy holder:



11. Number of voting rights proxy holder will cease to hold:



12. Date on which proxy holder will cease to hold voting rights:



13. Additional information:



14. Contact name:

Kevin Robins



15. Contact telephone number:

01481 731987




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