Portfolio Update

INVESCO Asia Trust plc                             

HEADING: Top 10 Investments

INVESCO Asia Trust plc announces that, as at 30 September 2005, its top ten
investments were as follows:

Investments over 5% of total assets                      
                                                         
NONE                                                     
                                                         
Investments under 5% of total assets                     
                                                         
SAMSUNG ELECTRONICS CO., LTD                             
                                                         
DBS GROUP HOLDINGS                                       
                                                         
HYUNDAI MOBIS                                            
                                                         
HON HAI PRECISION                                        
                                                         
CHEUNG KONG (HOLDINGS)                                   
                                                         
SWIRE PACIFIC LIMITED                                    
                                                         
ASUSTEK COMPUTER INC                                     
                                                         
CHINA TELECOM CORPORATION                                
                                                         
SK CORPORATION                                           
                                                         
DAEGU BANK                                               

Ordinary Shares unless otherwise stated.

This information is based on the most recent available valuation, as at 30
September 2005.

This announcement is made in accordance with UKLA Listing Rule 15.4.11(2).

INVESCO Asset Management Limited

4 October 2005