Interim Management Statement

Witan Pacific Investment Trust PLC
05 December 2007





WITAN PACIFIC INVESTMENT TRUST PLC

Interim Management Statement - 3 months ended 31 October 2007.

Introduction


The Company has prepared this interim management statement ('IMS') to meet the
requirements of the UK Listing Authority's Disclosure and Transparency Rules.
The IMS covers the three month period ended 31 October 2007, together with
relevant information up to the date of publication.



Investment Objective



The objective of Witan Pacific Investment Trust Plc ('the Company') is to
provide shareholders with a balanced portfolio of investments in the Asia
Pacific region designed to outperform the MSCI AC Asia Pacific Free Index (£).
The Company's assets are managed by Aberdeen Asset Managers Limited and Nomura
Asset Management U.K. Limited. Witan Investment Services Limited provides the
executive management.



Multi-Manager Structure
Managers                                                   % of Assets
Aberdeen Asset Managers Limited                            50%
Nomura Asset Management U.K. Limited                       50%



Company Information
Epic Code                                   WPC
Sector                                      Far East - Including Japan
Trust Type                                  Conventional (Ords)
Launch Date                                 1907
Financial Year End                          31 January
Interim Results Announced                   26 September 2007
AGM                                         12 June 2008



Company's Statistics
                                            31 July 2007        31 October 2007
Gross Total Assets*                         140,346,000         146,154,000
NAV per ordinary share*                     194.41p             209.22p
Share price*                                173.00p             183.25p
Premium/Discount*                           -11.0%              -12.4%
Gearing*                                       102                 102
Yield*                                       0.87%               0.82%



Geographic Breakdown*
                                             31 July 2007         31 October 2007
Japan                                              38%                  35%
Australia                                          11%                  12%
South Korea                                        10%                  9%
Hong Kong                                          9%                   10%
Singapore                                          7%                   8%
India                                              7%                   7%
China                                              7%                   8%
Taiwan                                             5%                   5%
Other Countries                                    6%                   6%





Sector Allocation*
                                                   31 July 2007         31 October 2007
Financials                                         32%                  29%
Industrials                                        11%                  16%
Technology                                         14%                  9%
Consumer Goods                                     11%                  9%
Basic Materials                                    11%                  10%
Consumer Services                                  4%                   8%
Oil & Gas                                          5%                   4%
Telecommunications                                 3%                   4%
Miscellaneous                                      9%                   11%



Ten Largest Holdings*



31 July 2007


Aberdeen Global India Opps Fund                     4.7%
Samsung Electronics                                 2.8%
Rio Tinto                                           2.1%
China Mobile                                        2.1%
Mitsubishi UFJ Financial Group                      1.9%
Nomura India Equity Fund                            1.9%
Honda Motor                                         1.7%
Petrochina                                          1.7%
Bank of Kyoto                                       1.7%
Toyota Motor Corporation                            1.6%



31 October 2007



Aberdeen Global India Opps Fund                     4.97%
Samsung Electronics                                 2.4%
China Mobile                                        2.3%
Rio Tinto                                           2.3%
Nomura India Equity Fund                            2.3%
Honda Motor                                         1.8%
Swire Pacific                                       1.7%
Petrochina                                          1.6%
BHP Billiton                                        1.6%
Toyota Motor Corporation                            1.5%



*Source: BNP Paribas




Performance over           3 m         6 m         1yr         3 yrs        5 yrs         10 yrs
Share Price (Total Return) 5.92%       12.05%      16.65%      78.15%       130.70%       74.25%
Net Asset Value (Total     7.62%       15.79%      21.81%      79.39%       122.10%       54.03%
Return)*
Index (Total Return)       8.15%       14.08%      21.41%      76.05%       127.66%       83.25%





All Performance Data Source: Datastream to 31.10.07. *The Net Asset Value
figures value debt at fair value.



The benchmark for the Witan Pacific Investment Trust PLC is the MSCI AC Asia
Pacific Free Index (£).



Quarterly Portfolio Report as at 31 October 2007



Asian Markets suffered a very nervous start to the beginning of the Company's
third quarter resulting from the turmoil in the sub-prime mortgage market in the
US and the consequential effect of the tightening credit markets.



However, Asian markets rebounded vigorously in September and October with
particularly strong gains in the Hong Kong and China markets. Japan's recovery
was more muted as domestic economic considerations led its equity market to
under perform the other major markets.



Over the quarter the trust performed in line with its benchmark with Nomura
outperforming and Aberdeen underperforming





Material Events

There were no material events to report during the period



Changes to Share Capital
                                                              Issued Ordinary shares of 25p each
As at 31 July 2007                                            70,646,851
Shares bought back and cancelled during the period            2,500,000
Shares remaining in issue as at 5 December 2007               68,146,851





BNP Paribas Secretarial Services Limited

Tel: [phone]



5 December 2007








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