Interim Management Statement

Witan Pacific Investment Trust PLC 25 May 2007 WITAN PACIFIC INVESTMENT TRUST PLC Interim Management Statement for the Quarter ended 30 April 2007. 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 Next Dividend Payment June 2007 Last Ex Div Date 9 May 2007 AGM 13 June 2007 Company's Statistics Gross Total Assets* £135 m NAV per ordinary share* 182.13p Share price* 165.00p Premium/Discount* -9.4% Gearing* 2.0% Yield* 0.91% Total Expense Ratio (TER) 0.9% Geographic Breakdown* Japan 39.0% Australia 10.5% South Korea 8.9% Hong Kong 8.3% Singapore 7.4% India 6.3% China 5.7% Taiwan 5.0% Other Countries 8.9% Sector Allocation* Financials 28.6% Industrials 15.4% Technology 10.5% Consumer Goods 9.6% Basic Materials 8.9% Consumer Services 8.4% Oil & Gas 3.6% Telecommunications 3.2% Miscellaneous 11.8% Ten Largest Holdings as at 30 April 2007* Aberdeen Global India Opps Fund 4.6% Samsung Electronics 2.9% Mitsubishi UFJ Financial 2.1% Yamaha Motor Company 1.9% Rio Tinto 1.9% Rohm Company 1.8% Canon 1.7% China Mobile 1.7% Nomura Funds Ireland India Fund 1.6% United Overseas Bank 1.5% *Source: BNP Paribas Performance over 3 m 6 m 1yr 3 yrs 5 yrs 10 yrs Share Price (Total Return) 2.17% 4.10% -3.06% 44.91% 60.91% 23.17% Net Asset Value (Total Return)* 1.18% 5.20% -0.01% 44.48% 46.33% 11.23% Index (Total Return) 2.42% 6.42% -1.02% 50.49% 55.91% 35.68% All Performance Data Source: Datastream to 30.04.07. *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 30 April 2007 Asian markets broadly recovered from their end-February sell off in March, with Chinese stocks in particular staging a strong comeback amid expectations that the authorities would increase the amount foreigners can invest. Australia also did well, supported by increased liquidity and private equity demand, whilst materials stocks were buoyed by strengthening commodity prices. Other markets ending in positive territory were Singapore and Malaysia, the latter underpinned by government efforts to lure foreign capital and enhance the country's competitiveness. In contrast, Japan and Taiwan recorded small falls over the past three months. 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 January 2007 72,890,323 Shares bought back and cancelled during the period 1,243,472 Shares remaining in issue as at 25 May 2007 71,646,851 Dividends A final dividend of 1.50p per share for the year ended 31 January 2007 (2006: 1.33p) has been declared in April 2007 subject to shareholders' approval in the next Annual General Meeting. This dividend is payable on 27 June 2007 to shareholders on the register at the close of business on 11 May 2007. AGM The next Annual General Meeting of the Company will be held on Wednesday, 13 June 2007 at 12 pm in the Main Reception, Chartered Accountants' Hall, One Moorgate Place, London EC2R 6EA. A copy of this report is available on the Company's website at www.witanpacific.com. BNP Paribas Secretarial Services Limited Tel: 0207 410 3132 25 MAY 2007 This information is provided by RNS The company news service from the London Stock Exchange
Investor Meets Company
UK 100