Premier Pacific Inc

Holding in Company

Premier Pacific Income Fund PLC
01 March 2006


For Immediate Release                                                                             1 March 2006

Premier Pacific Income Fund plc
(the 'Company')

Re:  Holding in Company

The Directors of the Company wish to announce, in accordance with UKLA Listing
Rule 21.20l(i) that as at 28th February 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

In accordance with UKLA Listing Rule 21.201(ii), the following list represents
the Company's top 10 investments as at 28th February 2006.  Two investments,
Samsung Electronics Co Ltd and Hopewell Holdings represent 5.5% and 5.3% of
gross assets respectively at that date.

Name of Company

Samsung Electronics Co Ltd

Hopewell Holdings

Samsung Fire & Marine Ins

Great Eagle Holdings Ltd

Cosco Corp (Singapore)

Hutchison Whampoa Ltd

Shinsegae Co Ltd

Kookmin Bank

Commonwealth Bank of Australia

Tabcorp Holdings Limited


Corporate Compliance and Secretarial Services Limited                   Alan Aylward
                                                                        Phone: + 353 1 476 8300

RSM Robson Rhodes LLP                                                   Louise Butler
                                                                        Phone: + 353 1 436 6400

This announcement has been issued through the Companies Announcement Service of

                            The Irish Stock Exchange

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