Purchase of Own Securities

F&C Latin American Inv Trust PLC
12 July 2002


                    F&C LATIN AMERICAN INVESTMENT TRUST PLC

                             PURCHASE OF OWN SHARES


1) Date of purchase:

12 July 2002

2) Number of Ordinary Shares purchased:

750,000

3) Highest and lowest price paid per share (excluding expenses):

US$ 1.37

4) The issued share capital of the Company following this buy-back will be:

Ordinary Shares - 73,763,790

5) Name and telephone number of contact for queries:

Hugh Potter

Tel: [phone]

6) Name of authorised Company official responsible for this notification:

Hugh Potter

For and on behalf of F&C Emerging Markets Limited, Secretary

7) Date of notification

12 July 2002


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