Holding(s) in Company

F&C Latin American Inv Trust PLC
03 May 2006

                                  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:

City of London Investment Management Company 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:

The Emerging Markets Country Fund                  219,986
Jap & Co                                           124,371
Airhorn & Co                                       310,928
The Investable Emerging Markets Country Fund     1,424,669
GFM Emerging Markets Country Fund                   10,000
The Emerging World Fund                          1,030,035
The Emerging (Free) Markets Country Fund         1,625,719
Monetary & Co                                      210,985
UPEN                                                25,000
UFND                                               100,000

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

Mellon UK Nominees Ltd a/c BSDTUSD
State Street Bank and Trust Company
State Street Bank and Trust Company
Mellon UK Nominees Ltd (a/c BSDTUSD)
Mellon UK Nominees Ltd (a/c BSTDCAD)
Mellon UK Nominees Ltd (a/c BSDTOMN)
Mellon UK Nominees Ltd (a/c BSDTUSD)
State Street Bank and Trust Company
Mellon UK Nominees Ltd (a/c UPMF5041942)
Mellon UK Nominees Ltd (a/c PMSF8572832)

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 since last notification:

not advised

8) Percentage of issued class:

not advised

9) Class of security:

Ordinary shares of 10 cents each

10) Date of transaction:

not advised

11) Date company informed:

3 May 2006

12) Total holding following this notification:

5,081,693

13) Total percentage holding of issued class following this notification:

6.85%

14) Any additional information:

n/a

15) Name of contact and telephone number for queries:

Mrs A B Powley - 020 7743 5610

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

Mrs A B Powley
For Merrill Lynch Investment Managers Group Services Limited
Secretary

17) Date of notification:

3 May 2006


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