AGM Statement

Pacific Horizon Investment Tst PLC
24 October 2007

                      PACIFIC HORIZON INVESTMENT TRUST PLC

                    Annual General Meeting, 24 October 2007

At the AGM held on 24 October 2007 all resolutions were passed, including those
detailed below:

•        Shareholders authorised the renewal of the authority to issue shares

Shareholders approved resolutions renewing the Directors general authority to
issue shares up to an aggregate nominal amount of £779,370 and to allot a
limited number of shares for cash on a non-pre-emptive basis again up to
£779,370 (being 10% of the issued share capital of the Company as at 11
September 2007).

  • Shareholders authorised the Company to renew its share buy back authority.

Shareholders approved a special resolution renewing the Company's authority to
make market purchases of up to 14.99 per cent of the Company's issued share
capital, being 11,682,756 ordinary shares of 10p.  The authority will expire at
the conclusion of the Annual General Meeting of the Company to be held in 2008
or 23 April 2009, whichever is the earlier, unless previously varied, revoked or
renewed.

Special Business

•        Amendment to Articles of Association

Shareholders approved a special resolution amending the Company's Articles of
Association to extend the indemnity permitted under the Articles of Association
to cover the liability of a director or officer (excluding an auditor) to a
third party, other than the Company.

A copy of the resolutions passed under special business have been submitted to
the UK Listing Authority and will shortly be available for inspection at the UK
Listing Authority's Document Viewing Facility at the address below.


Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

                                                            Baillie Gifford & Co
                                                             Company Secretaries
                                                                 24 October 2007


                      This information is provided by RNS
            The company news service from the London Stock Exchange