Portfolio Update

PACIFIC ASSETS TRUST plc (the "Company")                    

All data as at 30 September 2013

This data will be available on the Company's website,
http://www.pacific-assets.co.uk shortly.

Pacific Assets Trust plc as at 30 September 2013

Top Ten Equity Holdings                     %        
                                                     
Marico                                     5.0       
                                                     
Towngas China                              4.9       
                                                     
Tech Mahindra                              4.8       
                                                     
DBS Group                                  4.0       
                                                     
Taiwan Semiconductor Manufacturing         3.8       
                                                     
Manila Water                               3.5       
                                                     
Kasikornbank                               3.3       
                                                     
Samsung Fire & Marine Insurance            3.3       
                                                     
Public Bank                                3.2       
                                                     
Delta Electronics (Thailand)               3.2       
                                                     
Total                                      39.0      
        
                                             
Geographical breakdown                      %        
                                                     
India                                      21.9      
                                                     
Taiwan                                     14.8      
                                                     
Singapore                                  11.7      
                                                     
South Korea                                9.0       
                                                     
Philippines                                8.7       
                                                     
Liquidity                                  7.7       
                                                     
Hong Kong                                  7.1       
                                                     
Thailand                                   6.5       
                                                     
Malaysia                                   6.1       
                                                     
China                                      4.5       
                                                     
Indonesia                                  0.9       
                                                     
Sri Lanka                                  0.7       
                                                     
Bangladesh                                 0.4       
                                                     
Total                                     100.0      
                                                     
Actual Gearing                             0.0       


Note: All percentages are based on total assets less current liabilities

                                    - ENDS-                                    

17 October 2013
Frostrow Capital LLP
Secretary