Month End Portfolio Info

F&C PEP & ISA Investment Trust PLC
16 August 2002

F&C PEP AND ISA INVESTMENT TRUST PLC

ALL DATA AS AT 31st July 2002

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

SECTOR ALLOCATION                                                    %
Financials                                                       26.12
Non-Cyclical Consumer Goods                                      19.24
Cyclical Services                                                17.51
Resources                                                        12.61
Non-Cyclical Services                                             6.96
Utilities                                                         6.52
Basic Industrials                                                 6.23
General Industrials                                               2.23
Information Technology                                            1.49
Cyclical Consumer Goods                                           1.09
                                                                  ----
Total                                                              100
                                                                  ====
TOP 10 HOLDINGS                                                      %
BP                                                                6.40
GlaxoSmithKline                                                   6.00
HSBC                                                              3.70
Shell Transport & Trading                                         3.60
Barclays Bank                                                     3.10
Vodafone Group                                                    3.00
HBOS                                                              2.50
Royal Bank of Scotland                                            2.50
Scottish & Southern Energy                                        2.40
Diageo                                                            2.30
                                                                  ----
Total                                                             35.5
                                                                  ====
EFFECTIVE GEARING                                                   1%




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