Purchase of Own Securities

Foreign & Colonial PEP&ISA Inv Tst
14 November 2001

             FOREIGN & COLONIAL PEP AND ISA INVESTMENT TRUST PLC

                            PURCHASE OF OWN SHARES





1) Date of purchase:

13th November 2001

2) Number of Ordinary Shares purchased:

250,000

3) Highest and lowest price paid per share (excluding expenses):

£1.62p

4) The issued share capital of the Company following this buy-back will be:

Ordinary Shares - 50,100,891

5) Name and telephone number of contact for queries:

R. Hostler

Tel: [phone]

6) Name of authorised Company official responsible for this notification:

R. Hostler

For and on behalf of F&C Management Limited, Secretary

7) Date of notification

13th November 2001



-END-