Holding(s) in Company

Deutsche Latin American Cos Tst PLC
19 October 2004




The Secretary
Company Announcements Office
The Stock Exchange
10 Paternoster Square
London
EC4M 7LS


19 October 2004



Dear Sirs

We wish to announce that we have today been informed by Carrousel Capital
Limited that it has a holding of 3,850,000 ordinary shares in this Company
representing 8.05% of the issued share capital. The shares are held as follows:

Carrousel Fund - 2,110,000 shares

Carrousel Fund II - 1,740,000 shares



Yours faithfully




M Pope
Joint Company Secretary


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