Holding(s) in Company

Standard Life Euro Pri Eqty Tst PLC
13 August 2007

                                                                      APPENDIX 3



TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES



(1).      Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

            Standard Life European Private Equity Trust plc


2.         Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: Yes

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No

An event changing the breakdown of voting rights: No

Other:  No


3.         Full name of person(s) subject to the notification obligation (iii):

            F&C Asset Management Plc


4.         Full name of shareholder(s) (if different from 3.) (iv):

            See box 9



5.         Date of the transaction and date on which the threshold is crossed or
  reached (v):

            27/07/07



6.         Date on which issuer notified:

            30/07/07



7.         Threshold(s) that is/are crossed or reached:

            11%


8.         Notified details:

            n/a



A: Voting rights attached to shares


                          Situation previous to the Triggering transaction (vi)
Class/type of shares if possible           Number of shares             Number of voting rights (viii)
using the ISIN CODE
GB0030474687                                  19,015,714                          19,015,714




Resulting situation after the triggering transaction (vii)


Class/type of shares if          Number of shares       Number of voting rights (ix)       % of voting rights
possible using the ISIN CODE
GB0030474687                        16,515,714         Direct (x)     Indirect (xi)       Direct      Indirect
                                                           -            16,515,714          n/a        10.33%




B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.
n/a             n/a                   n/a                       n/a                         n/a





Total (A+B)
   Number of voting rights          % of voting rights

          16,515,714                      10.33%





9.      Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):


British Assets Trust

No of voting rights 5,000,000

% of total voting rights 3.13

Registration Name: Chase Nominees Limited
Foreign & Colonial Investment Trust

No of voting rights: 5,500,000

% of total voting rights: 3.44%

Registered Name: Chase Nominees Ltd



Proxy Voting:



10.    Name of the proxy holder:

            F&C Asset Management Plc



11.       Number of voting rights proxy holder will cease to hold:

            n/a.



12.       Date on which proxy holder will cease to hold voting rights:

            n/a.



13.       Additional information:

            n/a


14.       Contact name:

            Valerie MacKenzie, Aberdeen Asset Managers Ltd



15.       Contact telephone number:

            0131 313 6321






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