Month End Portfolio Info

F&C Latin American Inv Trust PLC
16 June 2003


F&C LATIN AMERICAN INVESTMENT TRUST PLC ALL DATA AS AT 31st May 2003 THIS DATA
WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM
APPROXIMATELY 18th June 2003

GEOGRAPHIC ASSET ALLOCATION                                  %

Brazil                                                       46
Mexico                                                       33
Chile                                                        11
Cash and Fi                                                  8
Argentina                                                    2
                                                             ----
Total                                                        100
                                                             ====
TOP 10 HOLDINGS                                                                        %

Petroleo Brasileiros SA                                      12.4
Telefonos De Mexico                                          7.5
America Movil                                                7.4
Ambev CIA De Bebidas                                         5.7
Grupo Financiero BBV Bancomer                                5.1
Grupo Televisa                                               4.5
Cemex SA Spon                                                4.4
Vale Rio Doce                                                4.3
Walmart De Mexico                                            3.5
Banco Bradesco                                               2.7
                                                             -----
Total                                                        57.5
                                                             =====
EFFECTIVE GEARING                                            12%

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