Geographical Asset Allocation

F&C Latin American Inv Trust PLC
1 November 2002



F&C Latin American Investment Trust PLC
Geographical asset allocation

Due to the extreme volatility of global markets, Brazil in particular, please
find below the latest geographical breakdown of F&C Latin American Investment
Trust PLC at 31 October 2002 together with the most recent published comparative
figures at 30 September 2002.

                                                31/10/02       30/09/02
                                                   %              %
Brazil                                            36             26
Chile                                              8              9
Mexico                                            50             53

Cash                                               6             12
                                                 ---            ---
                                                 100            100   
                                                 ---            ---

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