RNS Number:7909F
Aberdeen Asset Managers Limited
25 June 2001

FORM SAR 3

Lodge with Company Announcements Office and the Panel. A copy must also be
sent to the company the shares of which are acquired.

Date of disclosure....25/06/01.......

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")


Date of acquisition....22/06/01...........................................

Acquisition in...Aberdeen Preferred Income Trust Plc.(name of company)

(1)   Class of voting shares (eg         Number of shares/  If rights over
      ordinary                           rights             shares
      shares)                            over shares        acquired, as
                                         acquired           opposed to
                                                            the shares
                                                            themselves,
                                                            specify nature of
                                                            rights

      Ordinary 10p                       2,687,000.....Shares
                                         N/
                                         A..........rights


(2)   Resultant total holding of        Resultant total holding of   Total
      voting shares (and % of           rights over shares(and % of  percentage
      total voting shares in            total voting shares in
      issue)                            issue)

      47,219,405...(27.97%)             ...............( %)          (27.97%)



(3) Party making disclosure...Aberdeen Asset Managers Limited...............

(4) (a) Name of person acquiring shares or rights over shares ............
and, if different, beneficial owner.. Discretionary funds under the.
     Management of Aberdeen Asset Managers Limited
(b) Names of any other persons acting by
agreement or understanding (see SAR 5)............................


Signed, for and on behalf of the party named in (3) above...................

(Also print name of signatory)....Heidi Bell............................

Telephone and extension number...01224 631 999 Ext 5248.....................

Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section, Tel. No: 020 7638 0129.


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