Month End Portfolio Info

F&C PEP & ISA Investment Trust PLC
12 December 2002


F&C PEP AND ISA INVESTMENT TRUST PLC

ALL DATA AS AT 30th November 2002


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

SECTOR ALLOCATION                                             %

Financials                                                 27.8
Non-Cyclical Consumer Goods                                18.3
Cyclical Services                                          16.3
Resources                                                  12.4
Non-Cyclical Services                                       9.2
Utilities                                                   6.4
Basic Industrials                                           5.7
General Industrials                                         1.8
Information Technology                                      1.3
Cyclical Consumer Goods                                     0.7
                                                           ----
Total                                                       100
                                                           ====



TOP 10 HOLDINGS                                               %

GlaxoSmithKline                                            6.02
BP                                                         5.99
Vodafone Group                                             4.33
HSBC                                                       3.97
Shell Transport & Trading                                  3.58
Barclays Bank                                              3.11
Royal Bank Of Scotland Group                               2.89
HBOS PLC                                                   2.54
Scottish & Southern Energy                                 2.42
Astrazeneca                                                2.39
                                                           ----
Total                                                     37.24                       
                                                           ====

EFFECTIVE GEARING                                            0%



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