Notification of interests of Directors and Persons Discharging Managerial Responsibility

Monthly investment in the F&C Asset Management plc Share Incentive Plan ("SIP")

On 7 July 2008, the trustees (the "Trustees") of the SIP acquired a total of 10,787 ordinary shares of 0.1 pence each in the Company (the "Shares") at a price of 145.5 pence per Share.

The Company has today received notification from Messrs Grisay and Logan that, as executive directors of the Company, they have an interest in the Shares held in trust under the Scheme.

The Company has also today received notification from Messrs Criticos and Logan as PDMR's that, of the 10,787 shares acquired by the Trustees, 86 shares each (a total of 172 shares) were acquired on their behalf as partnership shares under the SIP.

The SIP is an Inland Revenue approved Share Incentive Plan.

• News Channel