Holding(s) in Company

Schroder AsiaPacific Fund PLC
08 July 2003

                                                                     8 July 2003


                    Substantial Share Interest Notification


We are writing to advise you that the Company was informed on 8 July 2003 that,
following a sale of 500,000 shares on 3 July 2003, Aberdeen Asset Managers
Limited, and its associated companies, holds 5,525,000 shares in the Company
representing 3.97% of the 139,195,505 shares in issue.


Enquiries:

John Spedding

Schroder Investment Management Limited

Tel: [phone]


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