Portfolio Update

PACIFIC ASSETS TRUST plc (the “Company”)

All data as at 31 January 2019

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

Pacific Assets Trust plc as at 31 January 2019

Top Ten Equity Holdings		%
Vitasoy International Holdings		7.6
Tech Mahindra		5.8
Marico		3.4
Unicharm		3.1
Delta Electronics		2.9
Manila Water		2.6
Housing Development Finance Corp		2.6
Kotak Mahindra Bank		2.4
Bank OCBC NISP		2.3
PT Kalbe Farma		2.3
Total		35.0
Geographical breakdown		%
India		32.2
Taiwan		11.0
Philippines		8.2
Hong Kong		7.6
Indonesia		6.6
Japan		6.2
Bangladesh		5.0
Thailand		4.1
Malaysia		2.5
Others		5.7
Cash		10.9
Total		100.0

- ENDS-

25 February 2019

Frostrow Capital LLP

Secretary