Portfolio Update

GARTMORE ASIA PACIFIC TRUST PLC                                            
                                                                           
Portfolio information as at 31 July 2006.                                  
                                                                           
10 Largest Investments:                                                    
                                                                           
                                       Market Value                    % of
                                                                           
Company                                       £'000            Gross Assets
                                                                           
Mitsubishi UFJ Financial Group                1,653                     4.3
                                                                           
Toyota Motor JPY50                            1,276                     3.3
                                                                           
Mitsui & Company JPY50                        1,243                     3.2
                                                                           
Takeda Pharmaceutical Company NPV             1,160                     3.0
                                                                           
Sumitomo Mitsui Financial NPV                 1,153                     3.0
                                                                           
Kansai Electric Power JPY500                  1,110                     2.9
                                                                           
Fuji Television Network JPY5000               1,100                     2.8
                                                                           
Asahi Kasei JPY50                             1,068                     2.7
                                                                           
Mitsui Fudosan JPY50                          1,049                     2.7
                                                                           
Solomon Mutual Savings Bank                     979                     2.5
KRW5000                                                                    
                                                                           
.                                                                          
                                                                           
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                                                              99.8%
                                                                           
Cash and other net current assets                                      0.2%
                                                                           
                                                                     ------
                                                                           
                                                                     100.0%
                                                                           
                                                                      =====
                                                                           
Total Gross Assets                                                   £38.9m