Holding(s) in Company

Schroder AsiaPacific Fund PLC
28 January 2005


                                                                 28 January 2005

                    Substantial Share Interest Notification

We are writing to advise that the Company was notified on 28 January 2005 that
Deutsche Bank AG and its subsidiary companies no longer have a notifiable
interest in the Company.

The date of the transaction was not disclosed.
________________________________________________________________________________

Enquiries:

John Spedding
Schroder Investment Management Limited                             020 7658 3206


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