Month End Portfolio Info

F&C Latin American Inv Trust PLC
19 April 2004


F&C LATIN AMERICAN INVESTMENT TRUST PLC ALL DATA AS AT 31st March 2004 THIS DATA
WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM
APPROXIMATELY 20th April 2004

GEOGRAPHIC ASSET ALLOCATION                                  %
Brazil                                                       57
Mexico                                                       30
Chile                                                        9
Peru                                                         2
Venezuela                                                    1
Cash & FI                                                    1
                                                             ----
Total                                                        100
                                                             ====

TOP 10 HOLDINGS                                              %
Petroleo Brasileiros SA                                      10.0
America Movil                                                9.2
Grupo Televisa                                               4.2
Cemex SA Spon                                                4.1
Telefonos De Mexico                                          4.0
Cia Energetica Minas Gerais                                  3.9
Tele Norte Leste                                             3.7
Banco Itau                                                   3.6
Telecom Brasileiros                                          3.3
Banco Bradesco                                               3.3
                                                             -----
Total                                                        49.3
                                                             =====
EFFECTIVE GEARING                                            12%




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