RNS Number:5029W
St.David's Inv Tst PLC
29 December 2000

Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ST DAVID'S INVESTMENT TRUST PLC

2   Name of shareholder having a major interest:
Aberdeen Preferred 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:


5   Number of shares/amount of stock acquired:
9,028,035

6   Percentage of issued class:
11.16%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Ordinary 1p Shares

10  Date of transaction:


11  Date company informed:
27 December 2000

12  Total holding following this notification:
11,043,677

13  Total percentage holding of issued class following this notification:
13.66%

14  Contact name for queries:
Ruth Humphrey

15 Contact telephone number:
020 7463 6305

16  Name of company official responsible for making notification:
Aberdeen Asset Management PLC - Secretaries

17  Date of notification:
29 December 2000




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ST DAVID'S INVESTMENT TRUST PLC

2   Name of shareholder having a major interest:
The American Monthly 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:


5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
9,628,045

8   Percentage of issued class:
11.91%

9   Class of security:
Ordinary 1p Shares

10  Date of transaction:


11  Date company informed:
27 December 2000

12  Total holding following this notification:
Nil

13  Total percentage holding of issued class following this notification:
Nil

14  Contact name for queries:
Ruth Humphrey

15 Contact telephone number:
020 7463 6305

16  Name of company official responsible for making notification:
Aberdeen Asset Management PLC - Secretaries

17  Date of notification:
29 December 2000





Additional Information:
Following the above transactions, Funds Under the Management of Aberdeen Asset
Managers Limited remain interested in 23,684,836 Ordinary 1p Shares;
representing 29.29% of the issued class.


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