Premier Pacific Income Fund PLC
02 September 2005


                                                 COMPANY ANNOUNCEMENT


          For Immediate Release                                                           2nd September 2005

                                            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 31st August 2005, 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 31st August 2005.  No investment
represents more than 5% of gross assets at that date.



Name of Company



Samsung Electronics Co Ltd

Hong Kong Land Holdings Ltd

Techtronic Industries Co

Great Eagle Holdings Ltd

Commonwealth Bank of Australia

HSBC Holdings Plc (HK Reg)

Ranbaxy Laboratories - SP GDR

Kookmin Bank

Shinsegae Co Ltd

Cosco Corp (Singapore) Ltd



Enquiries:


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