AGM Statement

Henderson TR Pacific Inv. Trust PLC
15 April 2005

HENDERSON TR PACIFIC INVESTMENT TRUST PLC


HENDERSON GLOBAL INVESTORS

15 APRIL 2005


HENDERSON TR PACIFIC INVESTMENT TRUST PLC



AGM Statement



At the 18th Annual General Meeting of Henderson TR Pacific Investment Trust plc
held today in London, all resolutions put to shareholders were duly passed.
These included a Special Resolution  to broaden the geographical investment
universe of the Trust to include India.



In a Statement to shareholders, Chairman David Robins highlighted a number of
initiatives recently introduced aimed at enhancing the financial performance of
the Trust. These included the strengthening of the management team with the
appointment of Michael Kerley as Deputy Fund Manager, and the expansion of
Henderson Global Investors' Singapore office with the recruitment of two
additional analysts.



Mr Robins added that the Board's decision to amend the company's primary
investment objective from 'Capital Growth' to 'High Total Return' would provide
the Fund Managers with greater flexibility and the ability to follow a more
active and opportunistic investment policy as the region's stock markets mature.
These revisions are intended to improve shareholder returns in the current year
and beyond.



Net gearing was recently reduced from 13% to 1% at the end of March 2005
reflecting concerns over the prospects of rising inflationary pressure and
higher financing and raw material costs. The investment environment has turned
temporarily less favourable with company profits growth expected to slow.
However, valuations remain relatively attractive and we believe that the
investment climate will improve later in the year when we expect interest rate
adjustments to have been completed. The company's policy is focused on domestic
sectors where demand remains good and overall economic growth is being
maintained.



Mr Robins concluded:



'The longer term prospects for Asia continue to look exciting, particularly as
the outlook for ongoing high levels of structural growth in China and indeed
India, remains intact.'





Notes:



 1. Henderson TR Pacific Investment Trust is one of the largest investment
    trusts, focusing on the Pacific Region stock markets, excluding Japan and
    Australasia, but, from today including India.



 2. All resolutions proposed were duly passed, two of which were Special
    Resolutions.







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 3. The full text of all resolutions passed by shareholders can be found in the
    Notice of Meeting contained in the Report and Accounts, copies of which are
    available for viewing at the Document Disclosure Department of the Financial
    Services Authority. These include a Special Resolution authorising the
    Company to make market purchases of its own ordinary shares up to a maximum
    of 14.99% (equivalent to 28,590,181 ordinary shares as at 15 April 2005) at
    a maximum price per share (exclusive of expenses) not exceeding 105% of the
    average middle market quotations for five business days preceding the date
    of purchase and a Special Resolution to broaden the company's investment
    remit to include India.







Enquiries:



Michael Watt, Fund Manager

Henderson TR Pacific Investment Trust plc

Tel:  [phone]



James de Sausmarez

Head of Investment Trusts

Henderson Global Investors

Tel: [phone]



Paul Vann/Victoria Stephens

Binns & Co PR Ltd.

Telephone: [phone]




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