Month end Portfolio Information

PACIFIC ASSETS TRUST plc (the "Company")                    

All data as at 30 September 2010

This data will be available on the Company's website,
http://www.pacific-assets.co.uk from 12 October 2010.

Portfolio                                             
                                                      
Top Ten Equity Holdings                      %        
                                                      
E.Sun Financial Holding                     4.5       
                                                      
Kasikornbank                                4.5       
                                                      
Singapore Post                              4.1       
                                                      
MTR                                         4.0       
                                                      
Taiwan Semiconductor Manufacturing          3.8       
                                                      
Hong Kong & China Gas                       3.5       
                                                      
Transport International Holdings            3.3       
                                                      
Swire Pacific                               3.3       
                                                      
Oil Search                                  3.3       
                                                      
SMRT                                        3.2       
                                                      
Total                                       37.5      
                                                      
Geographical breakdown                       %        
                                                      
China                                       5.3       
                                                      
Hong Kong                                   16.6      
                                                      
India                                       12.4      
                                                      
Liquidity                                   4.0       
                                                      
Other                                       1.1       
                                                      
Malaysia                                    2.0       
                                                      
Papua N Guinea                              3.1       
                                                      
Philippines                                 8.0       
                                                      
Singapore                                   13.5      
                                                      
South Korea                                 11.0      
                                                      
Taiwan                                      15.7      
                                                      
Thailand                                    7.3       
                                                      
Total                                      100.0      
                                                      
Actual Gearing                             100.0      

Note: All percentages are based on Gross Assets.

                                    - ENDS-                                    

11 October 2010

Frostrow Capital LLP

Secretary