Holding(s) in Company

Standard Life Euro Pri Eqty Tst PLC
20 July 2005


20 July 2005


Standard Life European Private Equity Trust PLC


Holding in company


Standard Life Assurance Company has advised the Company that it sold 750,000
ordinary shares of Standard Life European Private Equity Trust PLC, 0.47% of the
issued ordinary shares, on 19 July 2005. This resulted in a decrease in its
interest in the company from 51.25% to 50.78% and which now amounts to a total
of 80,815,718 shares.


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