Month End Portfolio Info

F&C Latin American Inv Trust PLC
14 July 2004

F&C LATIN AMERICAN INVESTMENT TRUST PLC

ALL DATA AS AT 30th June 2004

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM
APPROXIMATELY 18th July 2004

GEOGRAPHIC ASSET ALLOCATION                                                  %

Brazil                                                                      55
Mexico                                                                      32
Chile                                                                        9
Peru                                                                         1
Venezuela                                                                    1
Columbia                                                                     1
Cash & FI                                                                    1
Total                                                                    -----
                                                                           100
                                                                         =====                 

Top 10 Holdings                                                              %

Petroleo Brasileiros SA                                                    8.6
America Movil                                                              7.8
Banco Itau                                                                 4.4
Cemex SA Spon                                                              4.1
CIA Energetica Minas Gerais                                                4.1
Telefonos De Mexico                                                        3.8
Grupo Televisa                                                             3.4
Tele Norte Leste                                                           2.9
Banco Bradesco                                                             2.8
Walmart De Mexico                                                          2.6
                                                                         -----
Total                                                                     44.5
                                                                         =====
EFFECTIVE GEARING                                                           20%


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