Result of Tender Offer

F&C Pacific Inv Tst 26 May 2005 NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR FRANCE 26 May 2005 F&C Pacific Investment Trust PLC (the 'Company') Announcement of results of Tender Offer Further to the announcement made on 18 May 2005 regarding the results of the EGM and the Tender Offer, the Board announces the Repurchase Price per Share and results of the Matching Facility. Terms used in this announcement bear the meanings given to them in the Circular to Shareholders dated 25 April 2005. The Tender Offer is now unconditional. The Net Asset Value at the Calculation Date was 127.9887 pence per Share. The Repurchase Price is 122.23 pence per Share. The full result of the Tender Offer was as follows: Total number of Shares in issue as at the Record Date: 153,678,834 Total number of Shares validly tendered under the Tender Offer: 62,308,111 Total number of Shares validly purchased under the Matching Facility: 118,793 All valid tender and purchase instructions will be satisfied in full. Following settlement of the Tender Offer, which is expected to be made on 1 June 2005, 91,489,516 Shares will be in issue (approximately 59.53 per cent. of the current issued share capital of the Company). Enquiries: Christopher Purvis 020 7221 6985 Chairman, F&C Pacific Investment Trust PLC Jim Horsburgh / James Budden 020 7818 3121 Witan Investment Services Limited Angus Gordon Lennox 020 7588 2828 JPMorgan Cazenove Limited Eleanor Clarke 020 7763 6973 Quill Communications END This information is provided by RNS The company news service from the London Stock Exchange
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