RNS Number:2002O
Premier Pacific Income Fund PLC
31 July 2003


                               COMPANY ANNOUNCEMENT


For Immediate Release                                             31st 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 3,365,000 Ordinary Shares
(the "Shares").  The total number of Shares now managed by Aberdeen Asset
Managers Limited and its associated companies is 2,000,000 Shares representing
4.73% of the issued share capital of the Company.



Enquiries:


Corporate Compliance and Secretarial Services Ltd.   Alan Aylward
                                                     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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