RNS Number:3847O
Premier Pacific Income Fund PLC
06 August 2003


                           COMPANY ANNOUNCEMENT

For Immediate Release                                 6th August 2003

                     Premier Pacific Income Fund plc
                             (the "Company")

              Re:  Notification of Controlling Shareholder


The Directors of the Company wish to announce that as of 1st August 2003,
Nutraco Nominees Ltd interest in the Company has reduced by 645,000 Shares.
Nutraco Nominees now hold 10,400,000 Shares in the Company.


Enquiries:


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

RSM Robson Rhodes   LLP                                                 Orlagh Mc Dermott
                                                                        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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