Holding(s) in Company

F&C Latin American Inv Trust PLC
03 November 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) Societe Generale London Branch
b) SG Option Europe

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 Societe Generale
London Branch and SG Option Europe 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) Societe Generale London Branch: not applicable
b) SG Option Europe: not given

6) Percentage of issued class

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

7) Number of shares/amount of stock disposed

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

8) Percentage of issued class

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

9) Class of security

Ordinary shares of 10 cents each

10) Date of transaction

a) Societe Generale London Branch: 1 November 2004
b) SG Option Europe: 1 November 2004

11) Date company informed

3 November 2004

12) Total holding following this notification

a) Societe Generale London Branch: 9,757
b) SG Option Europe: 3,520,790

13) Total percentage holding of issued class following this notification

a) Societe Generale London Branch: 0.01%
b) SG Option Europe: 5.05%

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: 3 November 2004


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