Foreign lonial Investment : Directorate Change

Foreign & Colonial Investment Trust PLC

Exchange House, Primrose Street, London EC2A 2NY

Telephone+44 (0)20 7628 8000 Facsimile+44 (0)20 7628 8188

www.foreignandcolonial.com

Appointment of a Director

The Board of Foreign & Colonial Investment Trust PLC announces the appointment of Edward Knapp as a non-executive Director with immediate effect.

Edward Knapp is an expert in operational transformation, board advisory and performance optimisation, currently as a Chief Operating Officer and Head of Business Management for Barclays Bank within the Global Risk Function. Until 2012 he was at McKinsey & Company, providing extensive board and executive-level advisory to clients worldwide, focusing on banking operations, strategy, value creation and risk management.

Commenting on the appointment, Simon Fraser, Chairman, said:

'I am delighted that Edward Knapp is joining the Board. Edward is an exceptional leader and brings over a decade of experience in Board advisory and operational transformation, including deep expertise in financial services and risk.'

Edward Knapp said:

'It is an honour to join the Board as a non-executive Director at this important time for the Company. I look forward to serving our shareholders with energy and focus, ensuring that we deliver the best possible performance.'

No information is required to be disclosed under Listing Rule 9.6.13 in respect of this appointment.

- Ends -

Enquiries to:

Hugh Potter, F&C Investment Business Limited

Telephone No: 020 7011 5183

www.foreignandcolonial.com