Portfolio Update

PACIFIC ASSETS TRUST plc (the “Company”)

All data as at 31 August 2018

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

Pacific Assets Trust plc as at 31 August 2018

Top Ten Equity Holdings		%
Tech Mahindra		6.6
Vitasoy International Holdings		6.5
Marico		3.4
Unicharm		3.2
Chroma Ate		2.7
Mahindra & Mahindra		2.6
Housing Development Finance Corp.		2.6
Kotak Mahindra Bank		2.5
Delta Electronics		2.3
Manila Water		2.3
Total		34.7
Geographical breakdown		%
India		35.0
Taiwan		13.4
Philippines		7.3
Hong Kong		6.5
Japan		5.6
Indonesia		5.5
Bangladesh		4.9
Malaysia		3.4
Thailand		3.4
Others		6.2
Cash		8.8
Total		100.0

- ENDS-

24 September 2018

Frostrow Capital LLP

Secretary