Transaction in Own Shares

F&C Pacific Inv Tst 
18 December 2003

                        F&C PACIFIC INVESTMENT TRUST PLC

                             PURCHASE OF OWN SHARES



1) Date of purchase:

17 December 2003


2) Number of Ordinary Shares purchased:

300,000


3) Highest and lowest price paid per share (excluding expenses):

105.5p


4) The issued share capital of the Company following this buy-back will be:

Ordinary Shares - 172,656,424


5) Name and telephone number of contact for queries:

Miss T.A. Bennett
020 7628 8000


6) Name of authorised Company official responsible for this notification:

Mrs Rowan Hostler
For and on behalf of F&C Management Limited, Secretary


7) Date of notification

17 December 2003


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