RNS No 2828k
ABERDEEN PREFERRED INCOME TRUST PLC
19 October 1999



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ABERDEEN PREFERRED INCOME TRUST PLC

2   Name of shareholder having a major interest:
ABERDEEN HIGH INCOME TRUST PLC

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
TALBOT NOMINEES LIMITED A/C 754700

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
3,800,000

8   Percentage of issued class:
2.95%

9   Class of security:
ORDINARY 10P SHARES

10  Date of transaction:
18 OCTOBER 1999

11  Date company informed:
19 OCTOBER 1999

12  Total holding following this notification:
4,000,000

13  Total percentage holding of issued class following this notification:
3.10%

14  Contact name for queries:
ELIZABETH HAWES

15 Contact telephone number:
0207 463 6307

16  Name of company official responsible for making notification:
ABERDEEN ASSET MANAGEMENT PLC - SECRETARIES

17  Date of notification:
19 OCTOBER 1999




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ABERDEEN PREFERRED INCOME TRUST PLC

2   Name of shareholder having a major interest:
THE TECHNOLOGY AND INCOME TRUST LIMITED

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
HSBC BANK INTERNATIONAL LIMITED A/C 10980901

5   Number of shares/amount of stock acquired:
4,484,000

6   Percentage of issued class:
3.48%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
ORDINARY 10P SHARES

10  Date of transaction:
18 OCTOBER 1999

11  Date company informed:
19 OCTOBER 1999

12  Total holding following this notification:
8,953,250

13  Total percentage holding of issued class following this notification:
6.95%

14  Contact name for queries:
ELIZABETH HAWES

15 Contact telephone number:
0207 463 6307

16  Name of company official responsible for making notification:
ABERDEEN ASSET MANAGEMENT PLC - SECRETARIES

17  Date of notification:
19 OCTOBER 1999





Additional Information:
FUNDS UNDER THE MANAGEMENT OF ABERDEEN ASSET MANAGERS LIMITED REMAIN
INTERESTED IN 23,232,500 (REPRESENTING 18.03% OF THE ISSUED SHARE CAPITAL)
ORDINARY 10P SHARES IN ABERDEEN PREFERRED INCOME TRUST PLC.


END

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