Holding(s) in Company

Standard Life Euro Pri Eqty Tst PLC
06 November 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company:

Standard Life European Private Equity Trust PLC


2) Name of shareholder having a major interest

The Monks Investment 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

Relates to 2 above


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


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
      
400,000


8) Percentage of issued class

0.3%



9) Class of security
      

Ordinary


10) Date of transaction
      
9 October 2003


11) Date company informed
      
5 November 2003


12) Total holding following this notification
      
3,700,000



13) Total percentage holding of issued class following this notification
      
2.31%


14) Any additional information
      
None


15) Name of contact and telephone number for queries
      
Valerie MacKenzie (Tel [phone])


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

      
Valerie MacKenzie

Date of notification 6 November 2003



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