Portfolio Update

F&C Latin American Inv Trust PLC
04 January 2006


F&C Latin American Investment Trust

Top ten holdings and all holdings over 5% of gross assets as at 31 December 
2005:


Stock                                                          % of Gross Assets

Petroleo Basileiros                                                        11.4%
Vale Rio Doce                                                               9.8%
Unibanco Holdings                                                           4.8%
All America Latina Logistica                                                4.6%
Grupo Televisa                                                              3.6%
Walmart De Mexico                                                           3.6%
Axtel                                                                       2.8%
Empresa Nacional De Electricid                                              2.4%
Grupo Modelo                                                                2.4%
CIA Braziliera De Distribuicao                                              2.4%



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