Holding(s) in Company

F&C Latin American Inv Trust PLC
14 October 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

Friends Provident group

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

The notification is in respect of the material interest of F&C Asset Management
plc, a member of the Friends Provident group.

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

Name of Client             No of shares    %    Registered Holder

University of Cambridge
  Amalgamated Fund          2,500,000    3.43   Chase Nominees Ltd
Foreign & Colonial
  Investment Trust plc      7,332,450   10.06   Chase Nominees Ltd
Cambridge Colleges
  Fed Pension                 798,000    1.10   Chase Nominees Ltd
Goodwood Pension Scheme       100,000    0.14   Chase Nominees Ltd

5) Number of shares/amount of stock acquired

10,730,450

6) Percentage of issued class

14.73%

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

11 October 2004

11) Date company informed

13 October 2004

12) Total holding following this notification

10,730,450

13) Total percentage holding of issued class following this notification

14.73%

14) Any additional information

The notification arises from the take-over of F&C Management Limited by F&C
Asset Management plc (formerly ISIS Asset Management plc) on 11 October 2004.

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

David Fallon
For and on behalf of F&C Emerging Markets Limited, Secretary


Date of notification: 14 October 2004


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