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Premier Pacific Inc (PPI)

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Wednesday 21 June, 2006

Premier Pacific Inc

Notification on Shareholding

Premier Pacific Income Fund PLC
21 June 2006


COMPANY ANNOUNCEMENT




For Immediate Release

21 June 2006



Premier Pacific Income Fund PLC
(the 'Company')



Re:  Notification of Shareholding





The Directors of the Company wish to announce that the Company has been
notified, as of close of business on 15 June 2006, that Bear Stearns
International Trading Limited beneficially owned 2,075,000 ordinary shares in
the Company, representing an interest of 16.16% of the issued ordinary shares.



Enquiries:




Corporate Compliance and Secretarial Services Ltd.   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








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