Portfolio Update

Schroder AsiaPacific Fund PLC
04 January 2006

FOR IMMEDIATE RELEASE
                                                                 04/01/06




To : The London Stock Exchange





Schroder AsiaPacific Fund plc


This replaces Portfolio Update released at 11.28 RNS No : 4212W.



The Board of the Schroder AsiaPacific Fund plc announces that the top ten
holdings

as at Friday 30 December 2005 are as follows:-
NAME                                            % of GROSS ASSETS
Samsung Electronics                             8.3%
Taiwan Semiconductor Manufacturing              3.9%
Hyundai Motor                                   3.2%
Kookmin Bank                                    2.7%
Jardine Matheson                                2.6%
Guoco Group                                     2.2%
Fortune Real Estate                             2.1%
Daewoo Shipbuilding                             1.9%
Goodpack                                        1.8%
Macquarie International                         1.7%

At 30 December 2005 there was 1 investment held with a value greater than 5% of
the company's gross assets.

Samsung Electronics 8.3%




By Order of the Board

Schroder Investment Management Limited

Secretaries



Enquiries :           Anhony Carney 020 7658 2548

Schroder AsiaPacific Fund plc


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