Portfolio Update

INVESCO Asia Trust plc                             

HEADING: Top 10 Investments

INVESCO Asia Trust plc announces that, as at 31 December 2005, its top ten
investments were as follows:

Investments over 5% of total assets                      
                                                         
NONE                                                     
                                                         
Investments under 5% of total assets                     
                                                         
SAMSUNG ELECTRONICS CO., LTD                             
                                                         
DBS GROUP HOLDINGS                                       
                                                         
HON HAI PRECISION                                        
                                                         
HYUNDAI MOBIS                                            
                                                         
LG CORPORATION                                           
                                                         
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                
                                                         
ORION CORPORATION                                        
                                                         
CHEUNG KONG (HOLDINGS)                                   
                                                         
CHINA TELECOM CORPORATION                                
                                                         
WESTPACK BANK CORPORATION                                

Ordinary Shares unless otherwise stated.

This information is based on the most recent available valuation, as at 31
December 2005.

This announcement is made in accordance with UKLA Listing Rule 15.4.11(2).

INVESCO Asset Management Limited

3 January 2006