Quarterly portfolio disclosure

Martin Currie High Income Trust plc
             Stock Exchange Announcement - 17 November 2003

The  Board of Martin Currie High Income Trust plc ("the company")  notes
the publication of the Investment Entities (Listing Rules and Conduct of
Business)  Instrument 2003, following consultation  paper  CP164,  which
require,  inter  alia, UK-listed investment companies  to  notify  to  a
Regulatory Information Service, within two business days of the  end  of
each  quarter,  a  list of all investments held by  them  with  a  value
greater than 5% of the company's gross assets and at least the company's
10  largest investments as at the last business day of that quarter. The
Board  recognises that the relevant amendments to the Listing Rules  are
not  effective until 1 November 2003, but has taken the view that, given
that  the  company's year-end is 31 July, and, therefore, its  financial
quarters   are,  additionally,  October,  January  and  April,   it   is
appropriate  for  the  company  to commence  making  such  announcements
forthwith. The company therefore announces that, as at 31 October  2003,
its 10 largest investments were:

                                 % of gross
                                   assets
HSBC Holdings                       10.10
BP                                  8.38
GlaxoSmithKline                     8.14
Shell T&T                           5.09
Lloyds TSB Group                    4.61
Barclays                            4.52
Royal Bank of Scotland              4.42
Tomkins                             4.19
AstraZeneca                         3.74
Land Securities Group               2.98


For further information, please contact:

Michael Woodward
Martin Currie Investment Management Ltd                0131 229 5252