Portfolio Update

F&C Capital & Income Inv Tst PLC
04 April 2005


F&C Capital & Income PLC

Top ten holdings and all holdings over 5% of gross assets as at 31 March 2005:

Stock                                                          % of gross assets


BP                                                                           6.0
Glaxosmithkline                                                              5.2
Shell Transport & Trading                                                    4.5
Vodafone Group                                                               4.2
HSBC Holdings                                                                3.7
Barclays                                                                     3.5
Royal Bank of Scotland                                                       3.0
BCO Santander Central Hispano                                                2.7
Lloyds TSB                                                                   2.7
Astrazeneca                                                                  2.7
Scottish & Southern Energy                                                   2.6
Rio Tinto                                                                    2.2


                                                                            43.0




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