Month End Portfolio Info

F&C Capital & Income Inv Tst PLC
15 January 2004


F&C Capital and Income Investment Trust PLC ALL DATA AS AT 31st December 2003
THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.com FROM

APPROXIMATELY 18th January 2004

SECTOR ALLOCATION                                                          %
Financials                                                                 29.10
Non-Cyclical Consumer Goods                                                18.70
Cyclical Services                                                          13.60
Resources                                                                  12.70
Non-Cyclical Services                                                      9.80
Basic Industrials                                                          5.60
Utilities                                                                  6.00
General Industrials                                                        2.10
Information Technology                                                     1.30
Cyclical Consumer Goods                                                    1.20
                                                                           ----
Total                                                                      100
                                                                           ====

TOP 10 HOLDINGS                                                            %

GlaxoSmithKline                                                            5.9
BP Plc                                                                     5.5
Vodafone Group                                                             4.6
HSBC Holdings                                                              4.4
Shell Transport & Trading                                                  3.8
Barclays                                                                   3.6
Royal Bank Of Scotland Group                                               3.3
Abbey National                                                             2.5
Scottish & Southern Energy                                                 2.2
Astrazeneca                                                                2.2
                                                                           -----
Total                                                                      38.0
                                                                           =====

EFFECTIVE GEARING                                                          1.0%



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