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Premier Pacific Inc (PPI)

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Friday 19 August, 2005

Premier Pacific Inc

Re: Shareholding

Premier Pacific Income Fund PLC
19 August 2005


COMPANY ANNOUNCEMENT


For Immediate Release                                                               19thAugust 2005


                                            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 at close of business on 17th August 2005, that Citigroup Global
Markets UK Equity Limited have an interest in 4,310,792 ordinary shares,
representing 10.20% of the issued ordinary shares.




Enquiries:


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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