Monthly portfolio information

F&C PEP & ISA Investment Trust PLC
14 March 2002


F&C PEP AND ISA INVESTMENT TRUST PLC

ALL DATA AS AT 28TH FEBRUARY 2002

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.co.uk FROM
APPROXIMATELY 15TH MARCH 2002

SECTOR ALLOCATION                                                    %
Financials                                                       24.85
Non-Cyclical Consumer Goods                                      18.60
Cyclical Services                                                17.75
Resources                                                        13.70
Non-Cyclical Services                                             6.70
Basic Industrials                                                 6.50
Utilities                                                         5.90
General Industrials                                               2.60
Information Technology                                            1.90
Cyclical Consumer Goods                                           1.50
                                                                  ----
Total                                                              100
                                                                  ====
TOP 10 HOLDINGS                                                      %
BP                                                                 6.4
GlaxoSmithKline                                                    5.3
Shell Transport & Trading                                          3.9
HSBC                                                               3.3
Astrazeneca                                                        2.9
Vodafone Group                                                     2.8
Barclays                                                           2.6
Royal Bank of Scotland                                             2.2
HBOS                                                               2.2
Diageo                                                             2.1
                                                                  ----
Total                                                             33.7
                                                                  ====
EFFECTIVE GEARING                                                   1%



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