RNS Number:7471E
Jersey Phoenix Trust Ld
5 June 2001


Letter to Company Announcements Office

Notification of Major Interest in Ordinary 10p Shares

We write to inform you that we were notified today by Aberdeen Asset Managers
Limited of the following transaction on behalf of a company under their
management:

4 June 2001 - Sale of 2,000,000 shares for Aberdeen Preferred Income Trust Plc

Their aggregate holding now amounts to 3,642,345 $hares allocated as follows:

                                                   Holding       % of issued 
                                                                share capital

Danae Investment Trust Plc                         210,000           0.63%
Aberdeen Preferred Income Trust Plc                    Nil             Nil
Murray Japan Growth & Income Ltd                   738,000           2.23%
Discretionary private clients                    2,694,345           8.14%
                                                 ---------          ------
                                                 3,642,345          11.00%
                                                 =========          ======

Letter from Jersey Phoenix Trust Limited
 


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