RNS Number:8976M
Premier Pacific Income Fund PLC
27 June 2003


                               COMPANY ANNOUNCEMENT


For Immediate Release                                                 27th June
                                      2003

                          Premier Pacific Income Fund plc
                                (the "Company")

                   Re:  Notification of Controlling Shareholder



The Directors of the Company wish to announce that Nutraco Nominees Limited may
be considered to be controlling shareholders in the Company by virtue of the
fact that their holding of Ordinary Shares in the Company is greater than 10%
(4,224,137.9 shares) of the total issued share capital in the Company.


Name of Registererd Shareholder          Ordinary Shares held as at 26 June 2003
Nutraco Nominees Limited                 11,045,000





Enquiries:


Corporate Compliance and Secretarial Services        Alan Aylward
Limited
                                                     Phone: + 353 1 476 8300

RSM Robson Rhodes   LLP                              Helen Ennis
                                                     Phone: + 353 1 661 4585









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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