Holding(s) in Company

F&C Latin American Inv Trust PLC
05 April 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

F&C Latin American Investment Trust PLC

2) Name of shareholder having a major interest

City of London Investment Management Company Limited

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

Shares managed by City of London Investment Management Company Limited held on
behalf of:

a) The Emerging Markets Country Fund - 2,167,220 shares
b) Jap & Co - 815,938 shares
c) Airhorn & Co - 2,039,842 shares
d) Investable Emerging Markets Country Fund - 4,052,000 shares
e) The World Emerging Markets Umbrella Fund PLC - 1,775,000 shares
f) GFM Emerging Markets Country Fund - 265,000 shares
g) The Emerging (Free) Markets Country Fund - 890,000 shares
h) Monetary & Co - 600,000 shares


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

a) Mellon UK Nominees Ltd A/C BSDTUSD
b) State Street Bank and Trust Company
c) State Street Bank and Trust Company
d) Mellon UK Nominees Ltd A/C BSDTUSD
e) Mellon UK Nominees Ltd A/C BSDTUSD
f) Mellon UK Nominees Ltd A/C BSDTUSD
g) Mellon UK Nominees Ltd A/C BSDTUSD
h) State Street Bank and Trust Company

5) Number of shares/amount of stock acquired

150,000

6) Percentage of issued class

0.20%

7) Number of shares/amount of stock disposed

N/A

8) Percentage of issued class

N/A

9) Class of security

Ordinary shares of 10 cents each

10) Date of transaction

2 April 2004

11) Date company informed

5 April 2004

12) Total holding following this notification

12,605,000

13) Total percentage holding of issued class following this notification

17.09%

14) Any additional information

n/a

15) Name of contact and telephone number for queries

David Fallon
Tel: [phone]

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

Mrs R Hostler
For and on behalf of F&C Emerging Markets Limited, Secretary


Date of notification: 5 April 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange