Transaction in Own Shares

F&C Latin American Inv Trust PLC
25 June 2004



                    F&C LATIN AMERICAN INVESTMENT TRUST PLC

                             PURCHASE OF OWN SHARES


1) Date of purchase:

24 June 2004


2) Number of Ordinary Shares purchased:

250,000


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

214 cents


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

Ordinary Shares  73,533,790


5) Name and telephone number of contact for queries:

David Fallon

Tel: [phone]


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

David Fallon

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


7) Date of notification

24 June 2004




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