Portfolio Update

Pacific Horizon Investment Tst PLC
07 November 2006


                      PACIFIC HORIZON INVESTMENT TRUST PLC

   Statement of Top Ten Investments and all Holdings Over 5% of Total Assets



31 October 2006


No      Holding                                                                  % of Total
                                                                                   Assets

1.      Samsung Corporation                                                         4.5%
2.      CNPC Hong Kong                                                              3.9%
3.      China Infrastructure Machinery Holdings                                     3.3%
4.      Pacific Basin Shipping                                                      2.9%
5.      Precious Shipping                                                           2.7%
6.      Hon Hai Precision Industries                                                2.6%
7.      Samsung Heavy Industries                                                    2.4%
8.      Li & Fung                                                                   2.2%
9.      Hong Kong Exchanges & Clearing                                              2.1%
10.     Taiwan Semiconductor Manufacturing                                          1.9%





                                                           Baillie Gifford & Co.
                                                             Company Secretaries
                                                                   7 November 06



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            The company news service from the London Stock Exchange