Purchase of Own Securities

Foreign & Col. Pacific Inv Tst PLC
25 January 2000



              FOREIGN & COLONIAL PACIFIC INVESTMENT TRUST PLC

Please note that Foreign & Colonial Pacific Investment Trust PLC today purchased
for cancellation 100,000 ordinary shares in the market at a price of 185p per
share.

Following this purchase, the total number of ordinary shares in issue stands at
229,530,920.