Portfolio Update

GARTMORE ASIA PACIFIC TRUST PLC                                            
                                                                           
Portfolio information as at 31 August 2006.                                
                                                                           
10 Largest Investments:                                                    
                                                                           
                                         Market Value                  % of
                                                                           
Company                                         £'000          Gross Assets
                                                                           
Mitsubishi UFJ Financial Group                  1,563                   4.0
                                                                           
Toyota Motor JPY 50                             1,285                   3.3
                                                                           
Sumitomo Mitsui Financial NPV                   1,195                   3.0
                                                                           
Mitsui & Company JPY 50                         1,158                   2.9
                                                                           
Kansai Electric Power JPY 500                   1,133                   2.9
                                                                           
Asahi Kasei JPY 50                              1,113                   2.8
                                                                           
Mitsui Fudosan JPY 50                           1,085                   2.8
                                                                           
Takeda Pharmaceutical Company NPV                 958                   2.4
                                                                           
Mitsubishi Materials JPY 50                       946                   2.4
                                                                           
NTT Domoco Inc NPV                                945                   2.4
                                                                           
.                                                                          
                                                                           
Investment Trust Companies:                                                
                                                                           
The Company had no investments in listed investment companies that         
                                                                           
do not have a stated investment policy to invest no more than 15% of their 
                                                                           
gross assets in other UK listed investment companies (including investment 
                                                                           
trusts) and which must therefore be disclosed in accordance with UKLA      
                                                                           
Listing Rule 15.4.11.                                                      
                                                                           
.                                                                          
                                                                           
Gross Assets:                                                              
                                                                           
Equities                                                              98.6%
                                                                           
Cash and other net current assets                                      1.4%
                                                                           
                                                                     ------
                                                                           
                                                                     100.0%
                                                                           
                                                                      =====
                                                                           
Total Gross Assets                                                   £39.3m