Portfolio Update

GARTMORE ASIA PACIFIC TRUST PLC                                            
                                                                           
Portfolio information as at 31 May 2006.                                   
                                                                           
10 Largest Investments:                                                    
                                                                           
                                       Market Value                    % of
                                                                           
Company                                       £'000            Gross Assets
                                                                           
Mitsubishi UFJ Financial Group                1,400                     3.4
                                                                           
NTT Docomo Inc NPV                            1,344                     3.2
                                                                           
Toyota Motor JPY50                            1,272                     3.1
                                                                           
Takeda Pharmaceutical Company NPV             1,159                     2.8
                                                                           
Mitsui & Company JPY50                        1,145                     2.8
                                                                           
Seven and I Holdings Co Ltd NPV               1,120                     2.7
                                                                           
Sumitomo Mitsui Financial NPV                 1,098                     2.6
                                                                           
Zeon Corp JPY50                               1,079                     2.6
                                                                           
Asahi Kasei JPY50                               994                     2.4
                                                                           
Jafco JPY50                                     983                     2.4
                                                                           
.                                                                          
                                                                           
Investment Trust Companies:                                                
                                                                           
The Company had no investments in listed investment companies that         
                                                                           
do not have a stated investment policy to invest no more than 15% of their 
                                                                           
gross assets in other UK listed investment companies (including investment 
                                                                           
trusts) and which must therefore be disclosed in accordance with UKLA      
                                                                           
Listing Rule 15.4.11.                                                      
                                                                           
.                                                                          
                                                                           
Gross Assets:                                                              
                                                                           
Equities                                                             101.4%
                                                                           
Cash and other net current assets                                    (1.4%)
                                                                           
                                                                     ------
                                                                           
                                                                     100.0%
                                                                           
                                                                      =====
                                                                           
Total Gross Assets                                                   £41.5m