Holding(s) in Company

F&C Latin American Inv Trust PLC
14 October 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

F&C Latin American Investment Trust PLC
                                                              
2) Name of shareholder having a major interest

a) SG Option Europe
b) Societe Generale London Branch

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

In (2) above. Societe Generale AG as parent company of both SG Option Europe and
Societe Generale London Branch and is also deemed to have an interest in this
holding.

4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Not given

5) Number of shares/amount of stock acquired

a) SG Option Europe: not applicable
b) Societe Generale London Branch: 4,082,147

6) Percentage of issued class

a) SG Option Europe: not applicable
b) Societe Generale London Branch: 5.60%

7) Number of shares/amount of stock disposed

a) SG Option Europe: 4,082,147
b) Societe Generale London Branch: not applicable

8) Percentage of issued class

a) SG Option Europe: 5.60%
b) Societe Generale London Branch: not applicable

9) Class of security

Ordinary shares of 10 cents each

10) Date of transaction

a) SG Option Europe: 11 October 2004
b) Societe Generale London Branch: 11 October 2004

11) Date company informed

14 October 2004

12) Total holding following this notification

a) SG Option Europe: nil
b) Societe Generale London Branch: 4,082,147

13) Total percentage holding of issued class following this notification

a) SG Option Europe: nil
b) Societe Generale London Branch: 5.60%

14) Any additional information

not applicable

15) Name of contact and telephone number for queries

David Fallon

Tel: [phone]

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

David Fallon
For and on behalf of F&C Emerging Markets Limited, Secretary


Date of notification: 14 October 2004




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