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Henderson TR Pacific (ATR)

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Tuesday 03 October, 2006

Henderson TR Pacific

Fee Clarification

Henderson TR Pacific Inv. Trust PLC
03 October 2006



HENDERSON TR PACIFIC INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

3 OCTOBER 2006



                   HENDERSON TR PACIFIC INVESTMENT TRUST PLC

                  Clarification of Management Fee Arrangements


The directors of Henderson TR Pacific Investment Trust plc wish to clarify the
new management fee arrangements which were outlined in the Report of the
Directors published on 27 February 2006 and the Stock Exchange announcement of
the preliminary results released on 17 February 2006.

The cap on all fees has been agreed at 2.5% of net assets, not gross assets as
previously indicated.

The base management fee of 0.6% of gross assets is topped up, if the fund's
performance exceeds benchmark performance for the year, by 0.3% of gross assets,
not net assets as previously stated.

The Board does not consider this a material change.


Press enquiries

Andrew Beal
Fund Manager
Henderson TR Pacific Investment Trust plc
Telephone: 020 7818 4314

Sarah Gibbons-Cook
[email protected]
PR Manager
Investment Trusts
Telephone: 020 7818 3198



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