Portfolio Update

PACIFIC ASSETS TRUST plc (the “Company”)

All data as at 30 June 2015

This data will be available on the Company’s website,
http://www.pacific-assets.co.uk/ shortly.

Pacific Assets Trust plc as at 30 June 2015

Top Ten Equity Holdings	%
Marico	5.5
Vitasoy International Holdings	5.5
Tech Mahindra	4.9
Delta Electronics (Thailand)	4.5
Standard Foods	4.2
Idea Cellular	3.4
E.Sun Financial Holding	3.4
Taiwan Semiconductor Manufacturing	3.2
Dr. Reddy’s Laboratories	3.0
Kotak Mahindra Bank	2.9
Total	40.5
Geographical breakdown	%
India	31.6
Taiwan	16.9
Philippines	8.4
Hong Kong	7.0
Thailand	5.7
China	4.7
Indonesia	3.0
Malaysia	2.9
Singapore	2.8
South Korea	2.7
Sri Lanka	1.8
Bangladesh	1.4
United States*	0.5
Net Current Assets	10.6
Total	100.0
Actual Gearing	0.0

*Represented by a company listed in the United States but whose economic activities are predominantly within the Asia Pacific region.

Note: All percentages are based on total assets less current liabilities

- ENDS-

21 July 2015

Frostrow Capital LLP

Secretary