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Premier Pacific Inc (PPI)


Friday 06 January, 2006

Premier Pacific Inc

Re: Updates

Premier Pacific Income Fund PLC
06 January 2006


Premier Pacific Income Fund Plc

(the 'Company')

Re: Updates

For immediate release

6 December 2005

The Board of Directors of the Company wish to announce the following:

The net asset value as at 30th November 2005 was 68.78 pence.

The Fund has repaid £1.5 million of its outstanding loan and now has £13.5
million outstanding.

Shares tendered for redemption at 30th September 2005 but not redeemed on that
date will be redeemed on 30th December 2005.

Enquiries to:

RSM Robson Rhodes
Louise Butler

                +353 1 436 6400

Corporate Compliance and Secretarial Services Limited            Alan Alyward

                +353 1 476 8300

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                                                                                                                                                                                                                 

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