Premier High Income Trust PLC (the "Company")

In accordance with UKLA Listing Rule 21.20(l)(i), the following list represents
the Company's investments, as at 31 December 2003, in other UK listed
investment companies (including investment trusts) which themselves do not have
a stated investment policy to invest no more than 15% of their gross assets in
other UK listed investment companies (including investment trusts):

Name of company                                          Class of Share      
                                                                             
BFS Equity Income & Bond Trust                           Income              
                                                                             
Blue Chip Value & Income Fund                            Ordinary            
                                                                             
Exeter Enhanced Income                                   Ordinary            
                                                                             
Exeter Selective Assets Investment Trust                 Ordinary            
                                                                             
Jupiter Financial & Income Trust Plc                     Ordinary            
                                                                             
Martin Currie High Income Trust                          Ordinary            
                                                                             
Murray Japan Growth & Income                             Ordinary            
                                                                             
Quarterly High Income Trust                              Ordinary            

The total value of the above holdings represents less than 0.5% of the
Company's net assets as at 31 December 2003.

5 January 2004



END