Portfolio Update

GARTMORE ASIA PACIFIC TRUST PLC                                            
                                                                           
Portfolio information as at 30 November 2005.                              
                                                                           
10 Largest Investments:                                                    
                                                                           
                                         Market Value                  % of
                                                                           
Company                                         £'000          Gross Assets
                                                                           
Mitsubishi Tokyo Financial Gp NPV               1,510                   3.6
                                                                           
Nissan Motor JPY50                              1,504                   3.6
                                                                           
THK JPY50                                       1,301                   3.1
                                                                           
NHK Spring JPY50                                1,238                   3.0
                                                                           
East Japan Railway NPV                          1,089                   2.6
                                                                           
Sumitomo Trust & Banking JPY50                  1,082                   2.6
                                                                           
Shin-Etsu Chemical JPY50                        1,077                   2.6
                                                                           
Mitsui & Company JPY50                          1,027                   2.5
                                                                           
Fuji Electric JPY50                               978                   2.3
                                                                           
Kyocera JPY50                                     970                   2.3
                                                                           
.                                                                          
                                                                           
Investment Trust Companies:                                                
                                                                           
The Company had no investments in listed investment companies that         
                                                                           
do not have a stated investment policy to invest no more than 15% of their 
                                                                           
gross assets in other UK listed investment companies (including investment 
                                                                           
trusts) and which must therefore be disclosed in accordance with UKLA      
                                                                           
Listing Rule 15.4.11.                                                      
                                                                           
.                                                                          
                                                                           
Gross Assets:                                                              
                                                                           
Equities                                                              98.9%
                                                                           
Cash and other net current assets                                      1.1%
                                                                           
                                                                     ------
                                                                           
                                                                     100.0%
                                                                           
                                                                      =====
                                                                           
Total Gross Assets                                                   £41.7m