Holding(s) in Company

Deutsche Latin American Cos Tst PLC
16 November 2004





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



16 November 2004



Dear Sirs


We wish to announce that we have been informed by SVM Asset Management Limited
that Scottish Value Trust plc has a notifiable interest in 2,275,000 of the
ordinary shares in this Company representing 4.75% of the Company's issued share
capital.


Yours faithfully





M Pope
Joint Company Secretary


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