Purchase of Own Securities

F&C Latin American Inv Trust PLC
12 July 2002


                    F&C LATIN AMERICAN INVESTMENT TRUST PLC

                            PURCHASE OF OWN WARRANTS


1) Date of purchase:

11 July

2) Number of Warrants purchased:

1,300,000

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

US$ 0.51

4) Number of warrants repurchased since the previous announcement:

2,015,000

5) Number of warrants outstanding:

12,970,320

6) Name and telephone number of contact for queries:

Hugh Potter

Tel: [phone]

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

Hugh Potter

For and on behalf of F&C Emerging Markets Limited, Secretary

8) Date of notification

12 July 2002


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