Month End Portfolio Info

F&C Latin American Inv Trust PLC
18 June 2002



F&C LATIN AMERICAN INVESTMENT TRUST PLC

ALL DATA AS AT 31st May 2002

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.co.uk FROM
APPROXIMATELY 18TH June 2002

GEOGRAPHIC ASSET ALLOCATION                                           %

Mexico                                                               45
Brazil                                                               45
Chile                                                                 7
Peru                                                                  2
Cash and Fi                                                           1
                                                                   ----
Total                                                               100
                                                                   ====


TOP 10 HOLDINGS                                                       %

Petroleo Brasileiras                                               11.9
Telefonos De Mexico                                                 8.6
Walmart De Mexico                                                   4.7
America Movil                                                       4.5
Grupo Financiero BBV Bancomer                                       4.3
Cemex                                                               4.2
Grupo Televisa                                                      4.1
Banco Bradesco                                                      4.1
Ambev                                                               3.8
Investimentos Itau                                                  3.4
                                                                   ----
Total                                                              53.6
                                                                   ====
EFFECTIVE GEARING                                                   16%



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