Holding(s) in Company

Schroder AsiaPacific Fund PLC
17 February 2003

17 February 2003

By Facsimile


RNS
Old Broad Street
London
EC2N 1HP


Dear Sirs

                    Substantial Share Interest Notification


We are writing to advise you that the Company was notified on 17 February 2003,
that following a purchase of 500,000 shares on 13 February 2003, Legal & General
Group Plc has a beneficial interest in 4,286,713 ordinary shares in the Company.
The holdings, which are registered in the name of HSBC Global Custody Nominee
(UK) Ltd, represent 3.08% of the Company's 139,195,505 ordinary 10p shares in
issue.


Yours faithfully,


John Spedding
For Schroder Investment Management Limited
Secretaries


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