<PAGE> PAGE 1
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000 C000000 0000795618
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001 A000000 THE ASIA PACIFIC FUND, INC.
001 B000000 811-4710
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008 B000001 A
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008 D010001 HONG KONG
008 D050001 HONG KONG
010 A000001 PRUDENTIAL INVESTMENTS FUND MANAGEMENT LLC
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010 C010001 NEWARK
010 C020001 NJ
010 C030001 07102
010 C040001 4077
011 A000001 PRUDENTIAL SECURITIES INCORPORATED
011 B000001 8-27154
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10292
011 C050001 US
011 A000002 BLUNT ELLIS & LOEWI INCORPORATED
<PAGE> PAGE 2
011 B000002 8-0
011 C010002 NY
011 C020002 NY
011 C030002 00000
011 C050002 US
011 A000003 DAIN BOSWORTH INCORPORATED
011 B000003 8-0
011 C010003 MINNEAPOLIS
011 C020003 MN
011 C030003 00000
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012 A000001 STATE STREET BANK & TRUST COMPANY
012 B000001 84-0000000
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015 A000003 HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B000003 S
015 C010003 -
015 D010003 INDIA
015 E040003 X
015 A000004 STANDARD CHARTERED BANK
015 B000004 S
015 C010004 -
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015 A000005 SEOUL BANK
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015 D010005 KOREA
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015 A000006 CEDEL
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<PAGE> PAGE 3
015 D010006 LUXEMBOURG
015 E040006 X
015 A000007 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B000007 S
015 C010007 KUALA LUMPUR
015 D010007 MALAYSIA
015 E060007 X
015 A000008 DEUTSCHE BANK AG
015 B000008 S
015 C010008 -
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015 E040008 X
015 A000009 STANDARD CHARTERED BANK
015 B000009 S
015 C010009 -
015 D010009 PHILIPPINES
015 E040009 X
015 A000010 THE DEVELOPMENT BANK OF SINGAPORE LTD.
015 B000010 S
015 C010010 -
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015 E040010 X
015 A000011 HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B000011 S
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015 A000012 STANDARD CHARTERED BANK
015 B000012 S
015 C010012 -
015 D010012 THAILAND
015 E040012 X
015 A000013 STATE STREET BANK & TRUST CO.
015 B000013 S
015 C010013 LONDON
015 D010013 UNITED KINGDOM
015 E040013 X
015 A000014 THE EUROCLEAR SYSTEM
015 B000014 S
015 C010014 -
015 D010014 TRANSNATIONAL
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020 A000001 MERRILL LYNCH SECURITIES (HK), LTD.
020 B000001 13-5674085
020 C000001 45
020 A000002 CREDIT LYONNAIS SECURITIES, INC.
020 B000002 N/A
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<PAGE> PAGE 4
020 A000003 JARDINE FLEMING (HK), LTD.
020 B000003 13-2927466
020 C000003 38
020 A000004 SBC WARBURG ASIA, LTD.
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020 C000006 15
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020 B000008 N/A
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022 D000003 1849
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022 B000004 13-2927466
022 C000004 0
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022 B000005 13-5103880
022 C000005 709
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022 A000006 BANCO SANTANDER DE NEGOCIOS
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022 B000007 13-2655998
<PAGE> PAGE 5
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022 B000008 N/A
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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SIGNATURE GENE STARK
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000795618
<NAME> THE ASIA PACIFIC FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> THE ASIA PACIFIC FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> SEPT-31-1998
<INVESTMENTS-AT-COST> 151,940,770
<INVESTMENTS-AT-VALUE> 123,450,226
<RECEIVABLES> 2,892,095
<ASSETS-OTHER> 841,793
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 127,184,114
<PAYABLE-FOR-SECURITIES> 11,586
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 465,194
<TOTAL-LIABILITIES> 476,780
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 221,034,394
<SHARES-COMMON-STOCK> 18,930,333
<SHARES-COMMON-PRIOR> 18,930,333
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (63,281,877)
<OVERDISTRIBUTION-GAINS> (2,484,404)
<ACCUM-APPREC-OR-DEPREC> (28,560,779)
<NET-ASSETS> 126,707,334
<DIVIDEND-INCOME> 1,869,834
<INTEREST-INCOME> 405,416
<OTHER-INCOME> 0
<EXPENSES-NET> 1,266,401
<NET-INVESTMENT-INCOME> 1,008,849
<REALIZED-GAINS-CURRENT> (20,666,228)
<APPREC-INCREASE-CURRENT> (27,654,452)
<NET-CHANGE-FROM-OPS> (47,311,831)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (47,311,831)
<ACCUMULATED-NII-PRIOR> 966,897
<ACCUMULATED-GAINS-PRIOR> 7,493,540
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 636,417
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,266,401
<AVERAGE-NET-ASSETS> 138,688,000
<PER-SHARE-NAV-BEGIN> 9.19
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> (2.55)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 6.69
<EXPENSE-RATIO> 1.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
For the semi-annual period ended (a) September 30, 1998
File number (c) 811-4710
SUB-ITEM 77C
Submission of Matters to a Vote of Security Holders
An Annual Meeting of Stockholders was held on July 9,
1998. At such meeting the stockholders elected the entire
slate of Class III Directors and ratified the selection of
independent accountants.
a) Approval of Directors
Affirmative Shares
votes cast Withheld
David J. Brennan 14,741,254 593,489
Robert F. Gunia 14,799,688 535,055
Don G. Hoff 14,796,781 537,961
b) Approval of Independent Accountants
Affirmative Negative Shares
Votes Cast Votes Cast Abstained
14,872,523 315,798 146,421
For the period ended (a) September 30, 1998
File number (c) 811-4710
SUB-ITEM 77J
Restatement of Capital Share Account
The Asia Pacific Fund, Inc. accounts for and
reports distributions to shareholders in accordance
with the American Institute of Certified Public
Accountants' Statement of Position 93-2: Determination,
Disclosure, and Financial Statement Presentation of
Income, Capital Gain, and Return of Capital
Distributions by Investment Companies. The effect of
applying this statement was to decrease undistributed
net investment income and increase accumulated net
realized losses on investments and foreign currency
transactions by $279,595 for differences in the
treatment for book and tax purposes of certain
transactions involving foreign securities, currencies
and withholding taxes. Net investment income, net
realized gains and net assets were not affected by this
change.
