Holding(s) in Company

Standard Life Euro Pri Eqty Tst PLC
20 April 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company:

Standard Life European Private Equity Trust PLC



2) Name of shareholder having a major interest
      The Monks Investment Trust PLC


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
      Relates to 2 above


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them
      BNY (OCS) Nominees Ltd


5) Number of shares/amount of stock acquired
      n/a


6) Percentage of issued class
      n/a


7) Number of shares/amount of stock disposed
      500,000


8) Percentage of issued class
      0.3%



9) Class of security
      Ordinary


10) Date of transaction
      11 February 2004


11) Date company informed
      20 April 2004


12) Total holding following this notification
      3,200,000



13) Total percentage holding of issued class following this notification
      2.0%


14) Any additional information
      None


15) Name of contact and telephone number for queries
      Valerie MacKenzie (Tel [phone])


16) Name and signature of authorised company official responsible for
making this notification

      Valerie MacKenzie
Date of notification 20 April 2004



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