Month End Portfolio Info

F&C Pacific Inv Tst 
19 April 2004


F&C PACIFIC INVESTMENT TRUST PLC ALL DATA AS AT 31st March 2004 THIS DATA WILL
BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM APPROXIMATELY
20th April 2004

GEOGRAPHICAL ASSET ALLOCATION                                     %

JAPAN                                                              56
CASH & FI                                                          10
AUSTRALIA                                                           8
SOUTH KOREA                                                         7
HONG KONG                                                           4
TAIWAN                                                              4
SINGAPORE                                                           4
MALAYSIA                                                            3
CHINA                                                               1
THAILAND                                                            1
INDIA                                                               1
INDONESIA                                                           1
                                                                  ----
Total                                                             100
                                                                  ====

TOP 10 HOLDINGS                                                    %
Toyota Motor                                                       4.0
Samsung Electronics                                                3.0
Mitsubishi                                                         2.6
Sumitomo Mitsui Financial                                          2.5
Leopalace21                                                        2.4
Mizuho Financial                                                   2.1
Fuji Soft ABC                                                      2.0
Seiyu                                                              1.9
NEC Electronics                                                    1.9
Asahi Glass                                                        1.9
                                                                   ----
Total                                                             24.3
                                                                   ====

EFFECTIVE GEARING                                                    7%



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