APR Apr Energy

RNS Number:1531J
M&G Income Inv Trust PLC
14 April 2000

Substantial Shareholding

M&G Income Investment Trust P.L.C. (M&G IIT) has been advised today by
Aberdeen Asset Managers Limited ('Aberdeen')that as a result of sales of
3,250,000 Geared Ordinary Units on behalf of Aberdeen High Income Trust Plc
and of 3,250,000 Geared Ordinary Units on behalf of discretionary funds under
management both on 12 April 2000, Aberdeen's interest in M&G IIT income shares
has decreased by 6,500,000 to give a current total of 27,353,366 IIT income
shares representing 11.02% of the issued share capital of that class.

This comprises: -

              Fund                       Security                Number

Aberdeen High Income Trust P.L.C.      Income Share           14,333,000
                                       Geared Ordinary Units     620,000

Aberdeen Preferred Income Trust P.L.C. Income Shares           9,200,000
                                       Geared Ordinary Units           0

Second St Davids Investment Trust P.L.C.Income Shares          1,450,000

Fund of Investment Trust Unit Trust    Geared Ordinary Units     350,000

Leveraged Income Fund Limited          Geared Ordinary Units   1,400,366
   
                                                          
END
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