Portfolio Update

GARTMORE ASIA PACIFIC TRUST PLC                                            
                                                                           
Portfolio information as at 31 October 2006.                               
                                                                           
10 Largest Investments:                                                    
                                                                           
                                         Market Value                  % of
                                                                           
Company                                         £'000          Gross Assets
                                                                           
Mitsubishi UFJ Financial                        1,434                   3.6
                                                                           
Toyota Motor                                    1,396                   3.5
                                                                           
Mitsui Fudosan                                  1,186                   3.0
                                                                           
NTT Docomo                                      1,168                   2.9
                                                                           
Takeda Pharmaceutical                           1,160                   2.9
                                                                           
Sumitomo Mitsui Financial                       1,157                   2.9
                                                                           
Kansai Electric Power                           1,109                   2.8
                                                                           
Jubilee Mines                                   1,107                   2.8
                                                                           
Asahi Kasei                                     1,070                   2.7
                                                                           
China Mobile                                      922                   2.3
                                                                           
.                                                                          
                                                                           
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                                                              99.2%
                                                                           
Cash and other net current assets                                      0.8%
                                                                           
                                                                     ------
                                                                           
                                                                     100.0%
                                                                           
                                                                     ======
                                                                           
Total Gross Assets                                                   £40.2m

Gartmore Investment Limited

Secretary

2 November 2006