New 20m Pounds Loan Facility

Henderson TR Pacific Inv. Trust PLC 06 June 2003 HENDERSON TR PACIFIC INVESTMENT TRUST PLC HENDERSON GLOBAL INVESTORS 6 JUNE 2003 Henderson TR Pacific Investment Trust plc New £20 million Loan Facility Henderson TR Pacific Investment Trust plc, one of the largest investment trusts specialising in the Far East excluding Japan and Australasia, announces that it has negotiated a new £20 million multi-currency loan facility with ING Bank NV. The new three year facility became available from 2 June 2003. Commenting, Michael Watt, the Trust's Manager said: 'We believe Far East stock markets are looking increasingly attractive, particularly in light of the recent weakening of the US dollar. The new loan facility will enable us to increase the gearing of the Trust to almost 15% of assets and it is our intention to utilise it immediately by raising the Trust's exposure to the cyclical North Asian stock markets.' - ENDS - Enquiries: Iain Dale, Chairman, Michael Watt, Investment Director Henderson TR Pacific Investment Trust plc Tel: 020 7818 1818 Paul Vann/Victoria Stephens Binns & Co PR Limited Tel: 020 7786 9600 This information is provided by RNS The company news service from the London Stock Exchange
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