Holding(s) in Company

Schroder AsiaPacific Fund PLC
14 August 2003



                    Substantial Share Interest Notification



We are writing to advise you that the Company was notified on 13 August 2003,
that following sales of shares between June and August 2003, British Empire
Securities Plc has reduced its beneficial interest in the Company and now has an
interest in 4,875,000 ordinary shares. The holding, which is registered in the
name of Chase Nominees Limited, represents 3.50% of the Company's 139,195,505
ordinary 10p shares in issue.





Enquiries:

John Spedding

Schroder Investment Management Limited

Tel: [phone]






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