Holding in Company

Deutsche Latin American Cos Tst PLC
10 October 2000


TO: COMPANY ANNOUNCEMENTS

Deutsche Latin American Companies Trust

We  wish  to  inform you that we have today been notified by the  Co-operative
Insurance  Society  Limited that, as a result of a  sale  of  its  holding  of
2,500,000 ordinary shares, the CIS Pension Scheme Nominee Limited now holds no
shares in the Company.

FROM: M Pope
      Joint Company Secretary