Month End Portfolio Info

F&C Pacific Inv Tst 
16 June 2004


F&C PACIFIC INVESTMENT TRUST PLC

ALL DATA AS AT 31st May 2004

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM
APPROXIMATELY 18th June 2004

GEOGRAPHICAL ASSET ALLOCATION                                                  %
JAPAN                                                                       61.9
AUSTRALIA                                                                   10.7
SOUTH KOREA                                                                 5.95
TAIWAN                                                                      3.57
SINGAPORE                                                                   4.76
HONG KONG                                                                   3.57
THAILAND                                                                    2.38
MALAYSIA                                                                    2.38
CHINA                                                                       2.38
INDIA                                                                       1.19
INDONESIA                                                                   1.19
                                                                            ----
Total                                                                        100
                                                                            ====

TOP 10 HOLDINGS                                                                %
Toyota Motor                                                                 4.7
Mizuho Financial                                                             3.0
NTT Docomo                                                                   2.5
Sumitomo Mitsui Financial                                                    2.5
Mitsubishi Tokyo Financial                                                   2.3
Samsung Electronics                                                          2.2
Asahi Glass                                                                  2.0
Seiyu                                                                        1.9
Mitsui Sumitomo Insurance                                                    1.9
NEC Electronics                                                              1.9
                                                                            ----
Total                                                                       24.9
                                                                            ====
EFFECTIVE GEARING                                                             3%




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