RNS Number:3167N
Premier Pacific Income Fund PLC
08 July 2003


COMPANY ANNOUNCEMENT


For Immediate Release                                            8th July 2003


                       Premier Pacific Income Fund plc
                             (the "Company")

               Re:  Notification of Controlling Shareholder



The Directors of the Company wish to announce that Aberdeen Asset Managers
Limited interest in the above Company has reduced by 2,500,000 Ordinary Shares
(the "Shares").  The total number of Shares now managed by Aberdeen Asset
Managers Limited and its associated companies is 5,365,000 Shares representing
12.70% of the issued share capital of the Company.



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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