PREMIER HIGH INCOME TRUST PLC

The Company was today informed by Jove Investment Trust PLC that, following the
sale of 2,100,000 ordinary shares of the Company, representing 10.79% of the
shares in issue, the total number of shares held by Jove Investment Trust PLC
is now nil, representing 0.00% of the issued class of capital.

29 October 2004



END



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