Premier High Income Trust PLC

The Board announces that at today's adjourned Separate General Meeting and at
the Extraordinary General Meeting of the Company held on 12 September 2002, the
special resolutions; (1) to authorise the Company to purchase its own Zero
Dividend Preference shares and (2) subject to confirmation of the Court, that
the amount standing to the credit of the share premium account of the Company
be cancelled, were duly passed.



END



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