Holding in Company

Deutsche Latin American Cos Tst PLC
17 April 2001

Deutsche Latin American Companies Trust PLC

We  wish  to  announce that we were notified on 12 April 2001  by  Lake  Asset
Management  Limited  that it has a notifiable interest in  2,065,000  of  this
Company's ordinary shares, which represents 4.30% of the issued share capital.

M Pope
Joint Company Secretary