Holding(s) in Company

Finsbury Emerging Biotechnology Tst
08 December 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Finsbury Emerging Biotechnology Trust PLC



2. Name of shareholder having a major interest


Premier Enterprise Fund



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


As in 2 above



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


Not disclosed



5. Number of shares / amount of stock acquired


Not disclosed



6. Percentage of issued class


Not disclosed



7. Number of shares / amount of stock disposed


950,000



8. Percentage of issued class


3.46%



9. Class of security


Ordinary shares of 25p each



10. Date of transaction


7 December 2005



11. Date company informed


8 December 2005



12. Total holding following this notification


No longer notifiable



13. Total percentage holding of issued class following this notification


No longer notifiable



14. Any additional information


-



15. Name of contact and telephone number for queries


Tracey Lago - 020 7426 6219



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


Tracey Lago

For and on behalf of Close Finsbury Asset Management Limited



Date of notification


8 December 2005



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