Portfolio Update

PACIFIC ASSETS TRUST plc (the “Company”)

All data as at 31 July 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 July 2018

Top Ten Equity Holdings		%
Vitasoy International Holdings		7.2
Tech Mahindra		6.0
Marico		3.4
Unicharm		3.0
Housing Development Finance Corp.		2.8
Chroma Ate		2.8
Mahindra & Mahindra		2.6
Kotak Mahindra Bank		2.6
Manila Water		2.5
Standard Foods		2.4
Total		35.3
Geographical breakdown		%
India		34.2
Taiwan		13.3
Philippines		7.7
Hong Kong		7.2
Indonesia		5.4
Japan		5.1
Bangladesh		4.6
Thailand		3.5
Malaysia		3.4
Others		6.3
Cash		9.3
Total		100.0

- ENDS-

30 August 2018

Frostrow Capital LLP

Secretary