Dividend Declaration

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    PREMIER HIGH INCOME TRUST PLC

The Company announces that a third interim dividend in respect of the year 1
July 2003 to 30 June 2004 of 1.5p net per Ordinary share shall be payable on 28
May 2004 to the holders of Ordinary shares on the register as at 14 May 2004.

5 May 2004.



END

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