Portfolio Update

Pacific Horizon Investment Tst PLC
05 May 2006

                      PACIFIC HORIZON INVESTMENT TRUST PLC

   Statement of Top Ten Investments and all Holdings Over 5% of Total Assets



30 April 2006


No      Holding                                                  % of Total
                                                                   Assets

1.      CNPC Hong Kong                                              4.9%
2.      Samsung Corporation                                         4.4%
3.      China Infrastructure Machinery Holdings                     3.2%
4.      Hong Kong Exchanges & Clearing                              3.2%
5.      Bumi Resources                                              2.4%
6.      Hon Hai Precision Industries                                2.3%
7.      Samsung Heavy Industries                                    2.3%
8.      TSMC                                                        2.2%
9.      ASM Pacific Technology                                      2.1%
10.     Pacific Basin Shipping                                      2.1%



                                                           Baillie Gifford & Co.
                                                             Company Secretaries
                                                                        5 May 06


                      This information is provided by RNS
            The company news service from the London Stock Exchange