Portfolio Update

F&C Capital & Income Inv Tst PLC
05 January 2005



F&C Capital & Income Investment Trust PLC

The top ten holdings and all holdings over 5% of gross assets as at 31 December
2004 were:

Stock                                                     % of gross assets

BP                                                                      5.6
Glaxosmithkline                                                         5.4
Vodafone Group                                                          4.3
HSBC Holdings                                                           4.0
Barclays                                                                3.8
Royal Bank of Scotland                                                  3.1
Lloyds TSB                                                              2.7
BCO Santander Central Hispano                                           2.7
Scottish & Southern Energy                                              2.6
Shell Transport & Trading                                               2.5




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