Portfolio Update

F&C Pacific Inv Tst 
02 February 2005



The Stock Exchange
RNS
Old Broad Street
London
EC2N 1HP

2 February 2005



Dear Sir

F&C Pacific Investment Trust PLC

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

Stock                                                          % of gross assets


Toyota Motor                                                            3.6
Takeda Pharmaceuticals                                                  2.7
Tokyo Gas                                                               2.5
East Japan Railway                                                      2.3
Sega Sammy                                                              2.2
BHP Billiton                                                            2.0
National Australia Bank                                                 1.9
Asahi Breweries                                                         1.7
Australian New Horizons Fund                                            1.6
Mitsui & Company                                                        1.6




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