APR Apr Energy

RNS Number:5401B
Jersey Phoenix Trust Ld
26 November 1999


Letter to:  Company Announcements Office

Notification of Major Interest in Ordinary 10p Shares

We wish to inform you that we were notified today by Aberdeen Asset Managers
Limited that, on 25 November 1999, they sold 500,000 shares on behalf of
Aberdeen Preferred Income Trust Plc and purchased 600,000 shares on behalf of
Jove Investment Trust Plc.

Their aggregate holding now amounts to 7,592,796 shares allocated as follows:-

Aberdeen High Income Trust Plc                 1,500,000
Danae Investment Trust Plc                       250,000
Jove Investment Trust Plc                      1,000,000
Aberdeen Preferred Income Trust Plc            2,500,000
Private clients                                2,342,796
Total                                          7,592,796

The aggregate holding of ordinary shares of this company under the management of
Aberdeen Asset Managers Limited represents 23.14% of the issued share capital.

Letter from:  Jersey Phoenix Trust Limited

END
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