Top 10 Investments

INVESCO Asia Trust plc                             

HEADING: Top 10 Investments

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

Investments over 5% of total assets                      
                                                         
SAMSUNG ELECTRONICS CO., LTD                             
                                                         
Investments under 5% of total assets                     
                                                         
JARDINE MATHESON HOLDINGS LTD                            
                                                         
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD                
                                                         
HYUNDAI MOBIS                                            
                                                         
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                
                                                         
UNITED OVERSEAS BANK LTD                                 
                                                         
SINGAPORE PRESS HD                                       
                                                         
ASUSTEK COMPUTER INC                                     
                                                         
CHINA TRUST FINANCE                                      
                                                         
CHINA MOBILE (HK)                                        

Ordinary Shares unless otherwise stated.

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

This announcement is made in accordance with Paragraph 21.20(l)(ii) of the
Listing Rules.

INVESCO Asset Management Limited

4 April 2005