RNS Number:4154N
Premier Pacific Income Fund PLC
10 July 2003

Premier Pacific Income Fund plc

10th July 2003

Holding in Company

The Company announces that it has been notified by Exeter Asset Management
Limited that, as a result of the sale of 150,000 shares by Exeter Financials
Fund Limited on 7th July 2003 and of 690,000 shares by Exeter Equity Income &
Growth Fund Limited on the same date, Exeter's interest has reduced to 2,150,000
ordinary shares. The total number of shares now managed by Exeter Asset
Management Limited of 2,150,000 shares, representing 5.09% of the issued share
capital of that class, is broken down as follows:

Name                                                Number          %age

Dartmoor Investment Trust                          100,000
Exeter Enhanced Income Fund                      2,050,000


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