RNS Number:3287F
Premier Pacific Income Fund PLC
18 December 2002


Premier Pacific Income Fund
18 December 2002


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.       Name of company:

         Premier Pacific Income Fund plc

2.       Name of shareholder having a major interest

         Aberdeen Asset Managers Limited on behalf of the following:
         Aberdeen High Income Trust plc
         Aberdeen Preferred Income Trust plc
         Leveraged Income Fund Ltd
         Real Estate Opportunities Ltd
         Technology & Income Trust Ltd
         Jersey Phoenix Trust Limited

3.       Please state whether notification indicates that it is in respect of holding of the shareholder named
         in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is
         a holding of that person's spouse or children under the age of 18 

         Notification relates to discretionary clients of Aberdeen Asset Managers Ltd - Aberdeen High Income Trust plc, 
         Aberdeen Preferred Income Trust plc, Leveraged Income Fund Ltd, Real Estate Opportunities Ltd, The Technology
         & Income Trust Limited and Jersey Phonix Trust limited.

4.       Name of the registered holder(s) and, if more than one holder, the number of shares held by each of
         them

         State Street Nominees Ltd for XCC4 - 1,000,000 ord shares
         State Street Nominees Ltd for XCC8 - 1,720,000 ord shares
         HSBC Bank International Limited 1065701 - 645,000 ord shares
         HSBC Bank International Limited 10980901 - nil ord shares
         HSBC Bank International Limited 17091101 - 2,500,000 ord shares
         Pelican Limited Account 5500 - 2,000,000 ord shares

5.       Number of shares/amount of stock acquired

         not disclosed

6.       Percentage of issued class

         not disclosed%

7.       Number of shares/amount of stock disposed

         2,520,000 on behalf of Leveraged Income Fund Ltd

8.       Percentage of issued class

         5.97%

9.       Class of security

         Ordinary

10.      Date of transaction

         31 October 2002

11.      Date company informed

         17 December 2002

12.      Total holding following this notification

         State Street Nominees Ltd for XCC4 - 1,000,000 ord shares
         State Street Nominees Ltd for XCC8 - 1,720,000 ord shares
         HSBC Bank International Limited 1065701 - 645,000 ord shares
         HSBC Bank International Limited 10980901 - nil ord shares
         HSBC Bank International Limited 17091101 - 2,500,000 ord shares
         Pelican Limited Account 5500 - 2,000,000 ord shares

13.      Total percentage holding of issued class following this notification

         Aberdeen High Income Trust plc - 2.37%
         Aberdeen Preferred Income Trust plc - 4.07%
         Technology & Income Trust limited - 1.53%
         Leveraged Income Fund Ltd - 0.00%
         Real Estate Opportunities Ltd - 5.92%
         Jersey Phoenix Trust Limited - 4.73%

14.      Any additional information

         None

15.      Name of contact telephone number for queries

         Jonathan Becher 020 7426 3269

16.      Name and signature of authorised company official responsible for making this notification


Date of notification 17 December 2002


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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