PABI Prem. Abs.

    31 October 2007

                  Premier Absolute Growth & Income Trust PLC                   

                      CHANGE OF ACCOUNTING REFERENCE DATE                      

Premier Absolute Growth & Income Trust PLC (the "Company") announces that it
has changed it has changed its accounting reference date from 31 October to 30
November with the current accounting period ending on 30 November 2007. This
change is in contemplation of the proposed winding-up of the Company.



END

Prem. Abs. (LSE:PABI)
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