RNS Number:1011O
Premier Pacific Income Fund PLC
29 July 2003





Premier Pacific Income Fund plc



29th July 2003



Holding in Company



The Company announces that it has been notified by Aberdeen Asset Managers
Limited that on 28th July 2003 they sold 1,720,000 shares on behalf of Aberdeen
Preferred Income Trust Plc and 1,645,000 shares on behalf of discretionary funds
under management.



Aberdeen Asset Managers Limited and its associated companies now manage
2,000,000 shares, representing 4.73% of the issued shares (formerly 12.7%),
broken down as follows:


Name                                                        Number          %age

Jersey Phoenix Trust Limited                            2,000,000          4,73%













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