Directors' Notification of Dealing in Shares

F&C Latin American Inv Trust PLC
7 August 2000

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    F&C LATIN AMERICAN INVESTMENT TRUST PLC

2)  NAME OF DIRECTOR

    MAILSON DA NOBREGA

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    AS IN 2

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

    RBSTB NOMINEES LIMITED
    Undesignated a/c

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    N/A

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    PURCHASE OF SHARES UNDER THE F&C PRIVATE INVESTOR PLAN
    SCHEME MADE ON MR DA NOBREGA'S BEHALF BY THE ADMINISTRATOR 
    THEREOF, 'THE BANK OF NEW YORK EUROPE LIMITED'.

7)  Number of shares/amount of
    stock acquired

    4,491

8)   (0.006%)
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$ 0.10 

12) Price per share

    £1.445

13) Date of transaction

    3 AUGUST 2000

14) Date company informed

    4 AUGUST 2000 at 5.00pm

15) Total holding following this notification

    4,491

16) Total percentage holding of issued class following this notification

    0.006%

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    R.F. VALLANCE   -  020 7628 8000  ext 2258

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification..........7 August 2000......................