RNS Number:8791Q
Premier Pacific Income Fund PLC
14 October 2003


Premier Pacific Income Fund plc

14 October 2003

Holding in Company

The Company announces that it has been notified by Legg Mason Investment
(Europe) Limited that on 9 October 2003 they sold 421,000 shares on behalf of
Legg Mason Investors American Assets Limited.

The above-mentioned transactions result in the following holdings in which Legg
Mason Investment (Europe) Limited have an interest as investment manager:


Name                                                         Number            %

Legg Mason Investors Income & growth Trust plc            1,353,152         3.2%

Legg Mason Investors American Assets Limited                      0           0%

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