Portfolio Update

Pacific Horizon Investment Tst PLC
04 August 2006



                      PACIFIC HORIZON INVESTMENT TRUST PLC

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



31 July 2006


No      Holding                                             % of Total
                                                              Assets

1.      CNPC Hong Kong                                        4.9%
2.      Samsung Corporation                                   4.1%
3.      China Infrastructure Machinery Holdings               3.8%
4.      Hong Kong Exchanges & Clearing                        3.0%
5.      Pacific Basin Shipping                                2.5%
6.      Samsung Heavy Industries                              2.5%
7.      Precious Shipping                                     2.3%
8.      Hon Hai Precision Industries                          2.1%
9.      Petrochina                                            2.1%
10.     Li & Fung                                             2.0%



                                                           Baillie Gifford & Co.
                                                             Company Secretaries
                                                                     4 August 06



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