Month End Portfolio Info

F&C PEP & ISA Investment Trust PLC
17 September 2002

F&C PEP AND ISA INVESTMENT TRUST PLC

ALL DATA AS AT 31st August 2002

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

Financials                                                       26.00
Non-Cyclical Consumer Goods                                      18.40
Cyclical Services                                                18.00
Resources                                                        12.90
Non-Cyclical Services                                             7.30
Utilities                                                         7.00
Basic Industrials                                                 5.80
General Industrials                                               2.40
Information Technology                                            1.30
Cyclical Consumer Goods                                           0.90
                                                                  ----
Total                                                              100
                                                                  ====
TOP 10 HOLDINGS                                                      %
BP                                                                 6.5
GlaxoSmithKline                                                    5.9
HSBC                                                               3.7
Shell Transport & Trading                                          3.6
Vodafone Group                                                     3.3
Barclays PLC                                                         3
HBOS                                                               2.6
Scottish & Southern Energy                                         2.5
Royal Bank of Scotland                                             2.3
Diageo PLC                                                         2.3
                                                                  ----
Total                                                             35.7
                                                                  ====
EFFECTIVE GEARING                                                   0%


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