Month End Portfolio Info

F&C PEP & ISA Investment Trust PLC
11 July 2002


F&C PEP AND ISA INVESTMENT TRUST PLC

ALL DATA AS AT 30th June 2002

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

SECTOR ALLOCATION                                                    %

Financials                                                        25.6
Non-Cyclical Consumer Goods                                       19.3
Cyclical Services                                                 17.5
Resources                                                         13.1
Basic Industrials                                                  6.9
Non-Cyclical Services                                              6.2
Utilities                                                          6.2
General Industrials                                                2.4
Information Technology                                             1.5
Cyclical Consumer Goods                                            1.1
                                                                  ----
Total                                                              100
                                                                  ====

TOP 10 HOLDINGS                                                      %

BP                                                                6.30
GlaxoSmithKline                                                   6.00
Shell Transport & Trading                                         3.60
HSBC                                                              3.30
Barclays Bank                                                     3.10
Vodafone Group                                                    2.50
Royal Bank of Scotland                                            2.50
Astrazeneca                                                       2.20
Diageo                                                            2.20
HBOS                                                              2.20
                                                                  ----
Total                                                             33.9
                                                                  ====
EFFECTIVE GEARING                                                   2%



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