PREMIER HIGH INCOME TRUST PLC

The Company has today been informed that Mr D R L Hankinson, a Director of the
Company, has made the following transactions in the Company's securities:

On 21 March 2003, Mrs K V J Riley sold 5,600 Ordinary shares, at a price of 9p
per Ordinary share.

On 21 March 2003, Mr D R L Hankinson purchased 5,600 Ordinary shares, at a
price of 10p per Ordinary share.

Following these transactions, Mr Hankinson's interest in the securities of the
Company remain unchanged and are as follows:

                    Beneficial    % of class of    
                                     capital       
                                                   
Ordinary shares          5,600         0.03        
                                                   

24 March 2003



END