Transaction in Own Shares

F&C Pacific Inv Tst 
23 September 2004


                        F&C PACIFIC INVESTMENT TRUST PLC

                             PURCHASE OF OWN SHARES



1) Date of purchase:

10 September 2004

2) Number of Ordinary Shares purchased:

75,000

3) Highest and lowest price paid per share (excluding expenses):

107.5p

4) The issued share capital of the Company following this buy-back was:

Ordinary Shares - 161,390,608

Additional information

Following recent buybacks the issued share capital is confirmed as follows:

25 August 2004 shares in issue 161,465,608

10 August 2004 total buyback of 75,000 shares : shares in issue after buyback
161,390,608

20 September 2004 total buyback of 200,000 shares : shares in issue after
buyback 161,190,608

21 September 2004 total buyback of 265,000 shares : shares in issue after
buyback 160,925,608

5) Name and telephone number of contact for queries:

Miss T.A. Bennett
020 7628 8000

6) Name of authorised Company official responsible for this notification:

Mr D. Fallon
For and on behalf of F&C Management Limited, Secretary

7) Date of notification

23 September 2004


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