RNS Number:3241G
Real Estates Opportunities Limited
3 July 2001



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
REAL ESTATE OPPORTUNITIES LIMITED

2   Name of shareholder having a major interest:
The Smaller Companies Investment 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:
10,301,478

6   Percentage of issued class:
3.61%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Ordinary 1p Shares

10  Date of transaction:
25 June 2001

11  Date company informed:
3 July 2001

12  Total holding following this notification:
10,301,478

13  Total percentage holding of issued class following this notification:
3.61%

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:
3 July 2001




Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
REAL ESTATE OPPORTUNITIES LIMITED

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:
12,000,000

6   Percentage of issued class:
4.21%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Ordinary 1p Shares

10  Date of transaction:
25 June 2001

11  Date company informed:
3 July 2001

12  Total holding following this notification:
12,000,000

13  Total percentage holding of issued class following this notification:
4.21%

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:
3 July 2001


Additional Information:


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