Month End Portfolio Info

F&C Pacific Inv Tst 
12 March 2004


F&C PACIFIC INVESTMENT TRUST PLC ALL DATA AS AT 27 February 2004 THIS DATA WILL
BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM APPROXIMATELY
18th March 2004

GEOGRAPHICAL ASSET ALLOCATION                                                  %
JAPAN                                                                         47
AUSTRALIA                                                                     10
HONG KONG                                                                      7
SOUTH KOREA                                                                    7
TAIWAN                                                                         7
CASH & FI                                                                      7
CHINA                                                                          4
SINGAPORE                                                                      4
THAILAND                                                                       2
MALAYSIA                                                                       2
INDIA                                                                          2
INDONESIA                                                                      1
                                                                            ----
Total                                                                        100
                                                                            ====

TOP 10 HOLDINGS                                                                %
Toyota Motor                                                                 3.6
Samsung Electronics                                                          3.3
Sumitomo Mitsui Financial                                                    2.2
Indian Investment Company                                                    2.1
DBS Group                                                                    1.9
China Mobile (Hong Kong)                                                     1.9
Public Bank                                                                  1.9
Mizuho Financial                                                             1.8
Leopalace21                                                                  1.8
Mitsubishi                                                                   1.8
                                                                            ----
Total                                                                       22.3
                                                                            ====
EFFECTIVE GEARING                                                             6%



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