PMH Puma High

    Premier High Income Trust PLC

The Company was today informed by BFS Investments plc that following a sale of
500,000 Ordinary shares on 22 February 2005, the total interest held by
Discretionary Clients of BFS Investments plc in the Company represents 7.71% of
the issued class of capital.

Breakdown of holding;

Account                                     No of shares
                                                        
BFS Income & Growth Trust PLC                  1,000,000
                                                        
BFS Equity Income & Bond Trust Ltd               500,000
                                                        
Total shares within Discretionary Funds        1,500,000

23 February 2005



END

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