Directorate Change

Witan Pacific Investment Trust PLC
27 March 2006



WITAN PACIFIC INVESTMENT TRUST APPOINTS NEW CHAIRMAN

The Board of Witan Pacific Investment Trust plc, the £152 million* Pan-Pacific
investment trust, today announces that Christopher Purvis will retire as
Chairman and from the Board of Directors at the Annual General Meeting on 22
June 2006. Gill Nott, who has been a Board member for seven years, will succeed
Christopher Purvis as Chairman on that date.

Gill Nott has a wealth of experience within the investment management industry
and was recently elected as a Deputy Chairman of the Association of Investment
Trust Companies. As well as her role with Witan Pacific Investment Trust, Gill
Nott sits on the board of Martin Currie Portfolio Trust plc and Merrill Lynch
British Smaller Companies Trust plc. She is also chairman of Baronsmead VCT plc
and of SITKA Health Fund VCT plc and a non-executive director of the Liverpool
Victoria Friendly Society.

Gill Nott was instrumental in developing the investment club movement as chief
executive of ProShare (UK) Ltd, an organisation promoting individual share
ownership - a position she held until March 1999. She also served as
non-executive director of the Financial Services Authority until November 2004.

Christopher Purvis said, 'I have decided to stand down after nine years as a
Director of Witan Pacific, during which there have been significant changes both
with the Company and across the Asian markets in which it invests. It has been
satisfying to oversee the Company's transition to a multi-manager vehicle which
will have been in place for over a year by the time of the AGM in June. With
these structural changes bedded-in, it is an appropriate time to pass the baton
to one of the team who has been central to the Company's strategic development.
I am confident that Gill's expertise and leadership qualities coupled with the
strength of her fellow Board members will ensure the future success of the
Company.'

Gill Nott commented, 'Christopher has been an excellent Chairman and his
contribution to the Company's evolution is considerable. The Company's
progression to open architecture was a bold move and indicative of his positive
leadership. I look forward to building on these developments and ensuring that
Witan Pacific continues to offer investors broad, low cost exposure to the Pan
Pacific region.'

For further information visit www.witan.com following the link to Witan Pacific
Investment Trust.

* Source: Trustnet 28/2/06





For further information please contact:


Gill Nott

Witan Pacific Investment Trust plc

Tel: [phone]

Mobile: [phone]

[e-mail]

OR

Christopher Purvis

Witan Pacific Investment Trust plc

Tel: [phone]

[e-mail]

James Budden

Managing Director

Witan Investment Services

Tel: [phone]

[e-mail]

OR

Eleanor Mitchell / Hugo Mortimer-Harvey

Quill Communications

Tel: [phone]

[e-mail]

[e-mail]





NOTES TO EDITORS

Witan Pacific Investment Trust plc

Witan Pacific Investment Trust is a Pan-Pacific Trust with assets of £152m
(Trustnet: 28/2/06). The Trust moved to a multi-manager structure on 27 May 2005
with Witan Investment Services as Executive Manager.

Witan Investment Services is a wholly owned subsidiary of Witan Investment Trust
plc.

Witan Pacific Investment Trust plc is registered as an Investment Company in
England No 91798.



27 MARCH 2006


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