PREMIER HIGH INCOME TRUST PLC                         

                         PROPOSED VOLUNTARY WINDING-UP                         

The Board announces that a circular has today been sent to shareholders
recommending proposals for the voluntary winding-up of the Company in
accordance with the Articles of Association.

A copy of the above document has been submitted to the UK Listing Authority,
and will be available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel no 020 7676 1000

14 June 2005



END



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