RNS Number:2260U
F&C Emerging Markets Inv. Trust PLC
15 January 2004


F&C F&CEMERGING MARKETS 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

GEOGRAPHICAL ASSET ALLOCATION                                                  %

South Korea                                                                18.16
Taiwan                                                                     14.57
Brazil                                                                     11.66
Mexico                                                                      7.90
Russia                                                                      6.44
China                                                                       5.75
Malaysia                                                                    5.67
Thailand                                                                    5.16
South Africa                                                                5.12
Turkey                                                                      4.48
India                                                                       4.03
UK                                                                          2.63
Poland                                                                      1.61
Cash & FI                                                                   1.57
Indonesia                                                                   1.28
Israel                                                                      1.07
Chile                                                                       0.92
USA                                                                         0.64
Hungary                                                                     0.63
Hong Kong                                                                   0.55
Czech Republic                                                              0.12
Kenya                                                                       0.03
Romania                                                                     0.01

                                                                            ----
Total                                                                        100
                                                                            ====

TOP 10 HOLDINGS                                                                %

Samsung Electronics                                                         7.22
Russian Investment Company Sicav                                            2.87
F&C Ruby Fund                                                               2.13
American Movil                                                              1.92
Taiwan Semiconductor                                                        1.80
Telefonos De Mexico                                                         1.75
POSCO                                                                       1.66
Grupo Financiero                                                            1.49
Kookmin                                                                     1.48
Lukoil Holdings                                                             1.44
Total                                                                      ----- 
                                                                           23.76 
                                                                           =====

EFFECTIVE GEARING                                                           5.4%




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