RNS Number:5469M
Premier Pacific Income Fund PLC
19 June 2003


                            COMPANY ANNOUNCMENT


Immediate Release                                                   19 June 2003

                      Premier Pacific Income Fund plc
                              (the "Company")


                     Re: Notification of Shareholdings


The Board of Directors of the above mentioned Company wish to announce that with
effect from 18 June 2003, BFS Investments plc have an aggregate holding of
17.99% of the ordinary Shares in the Company.


Name of Registered Shareholder                Shares held as at 18 June 2003

BFS Investments plc                           7,600,000


Enquiries:

RSM Robson Rhodes LLP                                   Orlagh Mc Dermott
                                                        Phone: + 353 1 661 4585

Corporate Compliance & Secretarial Services Limited     Alan Aylward
                                                        Phone: + 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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