EMERGING ASIAN MARKETS EQUITY PORTFOLIO
N-8A, 1995-05-19
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              SECURITIES AND EXCHANGE COMMISSION

                    Washington, D.C. 20549

                          FORM N-8A

                 NOTIFICATION OF REGISTRATION

            FILED PURSUANT TO SECTION 8(a) OF THE
                INVESTMENT COMPANY ACT OF 1940

      The undersigned investment company hereby notifies the Securities 
and Exchange Commission that it registers under and pursuant to the 
provisions of Section 8(a) of the Investment Company Act of 1940 and in 
connection with such notification of registration submits the following 
information:

Name: Emerging Asian Markets Equity Portfolio, a series of
      The Premium Portfolios

Address of Principal Business Office:

      Elizabethan Square, George Town
      Grand Cayman, Cayman Islands BWI

Telephone Number:    (809) 945-1824

Name and address of agent for service of process:

      Susan Jakuboski
      Elizabethan Square, George Town
      Grand Cayman, Cayman Islands BWI

Check Appropriate Box:

     Registrant is filing a Registration Statement pursuant to Section 8(b) of
the Investment Company Act of 1940 concurrently with the filing of Form 
N-8A;   YES [X] NO[ ]


<PAGE>



                                   Signature

     Pursuant to the requirements of the Investment Company Act of 
1940, the Registrant has caused this notification of registration to be duly 
signed on its behalf in George Town, Grand Cayman, Cayman Islands, 
BWI on the 17th day of May, 1995.

                                 THE PREMIUM PORTFOLIOS
                                 for its series Emerging Asian Markets
                                 Equity Portfolio


                                 By:  Susan Jakuboski
                                      Susan Jakuboski
                                      Assistant Treasurer


Attest: Tamie Ebanks
        Tamie Ebanks





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