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Premier Pacific Inc (PPI)

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Wednesday 03 August, 2005

Premier Pacific Inc

Holding(s) in Company

Premier Pacific Income Fund PLC
03 August 2005

Premier Pacific Income Fund plc


3rd August 2005


Holding in Company


The Company announces that following a transaction on 29th July 2005 in which
BFS Income & Growth Trust plc (a discretionary client of BFS Investments plc)
sold 692,651 NPV shares in the Company, the Trust's holding is now reduced to
900,000 NPV shares.  This represents a holding of less than 3% of this class of
shares.


In addition, on 29th July 2005, other discretionary clients of BFS Investments
plc sold 227,592 ordinary shares of the Company.


These transactions have reduced the total shareholding of discretionary clients
of BFS Investments plc to 5,861,468 shares, which represents a holding of 13.88%
of this class of shares.



END


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