RNS Number:6130V
F&C Private Equity Trust PLC
13 December 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company

F&C Private Equity Trust Trust plc


2. Name of shareholder having a major interest

Prudential plc


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 2


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

Nortrust Nominees Ltd a/c MKH01 - 490,000
Pruclt HSBC GIS Nom (UK) Pac AC - 5,000,000


5. Number of shares / amount of stock acquired

n/a


6. Percentage of issued class

n/a


7. Number of shares / amount of stock disposed

n/a


8. Percentage of issued class

n/a


9. Class of security

B


10. Date of transaction

5/12/05


11. Date company informed

12/12/05


12. Total holding following this notification

5,490,000


13. Total percentage holding of issued class following this notification

10.61


14. Any additional information




15. Name of contact and telephone number for queries

Andrew Nicholson 0131 465 1000


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

Martin Cassels, Company Secretary


17. Date of notification

13/12/05


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for loss of business or loss of profits) arising in contract, tort or otherwise
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END
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