Transaction in Own Shares

F&C Pacific Inv Tst 
21 January 2005

                        F&C PACIFIC INVESTMENT TRUST PLC

                             PURCHASE OF OWN SHARES



1) Date of purchase:

21 January 2005

2) Number of Ordinary Shares purchased:

392,500

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

113.5p

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

Ordinary Shares - 154,923,834

5) Name and telephone number of contact for queries:

Miss T.A. Bennett
020 7770 5280

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

Miss T A Bennett

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

7) Date of notification

21 January 2005


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