Premier Pacific Inc

Portfolio Update

Premier Pacific Income Fund PLC
01 February 2006



Disclosure requirement re: UKLA Listing Rules 21.20l(i) & 21.20l(ii)

Premier Pacific Income Fund plc (the 'Company')


In accordance with UKLA Listing Rule 21.20l(i), we wish to inform you that as at
31 January 2006, we do not hold investments in other UK listed investment
companies (including investment trusts) which themselves 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)


In accordance with UKLA Listing Rule 21.20l(ii), the following list represents
the Company's top 10 investments as at 31 January 2006.  One investment, Samsung
Electronics Co Ltd, represents 6.0% of gross assets.


Name of Company


     KOOKMIN BANK
     SAMSUNG ELECTRONICS CO LTD
     HOPEWELL HOLDINGS
     SAMSUNG FIRE & MARINE INS
     CHINA RESOURCES LAND LTD
     HUTCHISON WHAMPOA LTD
     COSCO CORP (SINGAPORE)
     GREAT EAGLE HOLDINGS LTD
     COMMONWEALTH BANK of AUSTRALIA
     SHINSEGAE CO LTD






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