PREMIER HIGH INCOME TRUST PLC

The Company has today been informed that Weiss Asset Management and Weiss
Capital have replaced The Brookdale Group as investment manager of Brookdale
Global Opportunity Fund and Brookdale International Partners.

Weiss Asset Management is now the general partner for Brookdale International
Partners and Weiss Capital is the investment manager of Brookdale Global
Opportunity Fund.

The underlying beneficial ownership of shares in the Company by Brookdale
Global Opportunity Fund and Brookdale International Partners has not changed.

8 September 2003



END