Portfolio Update

Pacific Horizon Investment Tst PLC
02 May 2007


                      PACIFIC HORIZON INVESTMENT TRUST PLC

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


30 April 2007

No      Holding                                                       % of Total
                                                                          Assets

1.      China Infrastructure Machinery Holdings                             4.3%
2.      Samsung Corporation                                                 4.2%
3.      Bakrie & Brothers                                                   3.1%
4.      Taiwan Semiconductor Manufacturing                                  3.0%
5.      CNPC Hong Kong                                                      2.9%
6.      Precious Shipping                                                   2.9%
7.      Thoresen Thai                                                       2.6%
8.      Samsung Heavy Industries                                            2.5%
9.      Singapore Exchange                                                  2.5%
10.     Pacific Basin Shipping                                              2.4%


                                                           Baillie Gifford & Co.
                                                             Company Secretaries

                                                                      2 May 2007


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