Purchase of Own Securities

Foreign & Col. Pacific Inv Tst PLC
11 May 2001

FOREIGN & COLONIAL PACIFIC INVESTMENT TRUST PLC

Please note that Foreign & Colonial Pacific Investment Trust PLC today purchased
for cancellation 1,750,000 ordinary shares in the market at a price of 133p per
share.

Following this purchase, the total number of ordinary shares in issue stands at
218,169,247.