RNS Number:5051P
Exeter Selective Assets Inv Tst PLC
4 January 2002

                 EXETER SELECTIVE ASSETS INVESTMENT TRUST PLC

The Company has today been informed that on 3 January 2002, Aberdeen Asset
Managers Limited sold 525,000 Dividend Growth 1p shares on behalf of Leveraged
Income Fund. Following this transaction, Aberdeen Asset Managers now has an
interest in 12,125,000 Dividend Growth shares, representing 28.04% of the
issued capital of that class. This holding represents 11.81% of the total
issued voting shares. The breakdown of the holding is now as follows:

Dividend Growth 1p shares:

Aberdeen High Income Trust     3,325,000 (representing 7.69% of the issued
Plc:                           capital of that class)

Aberdeen Preferred Income      4,323,650 (representing 10.00% of the issued
Trust PLC:                     capital of that class)

St David's Investment Trust    1,000,000 (representing 2.31% of the issued
PLC:                           capital of that class)

Technology & Income Trust      451,620 (representing1.04% of the issued capital
Limited                        of that class)

Leveraged Income Fund Limited  540,000 (representing 1.25% of the issued
                               capital of that class)

The American Monthly Income    2,204,580 (representing 5.10% of the issued
Trust Limited                  capital of that class)

Real Estate Opportunities      280,150 (representing 0.65% of the issued
Limited                        capital of that class)

Total:                         12,125,000 (representing 28.04% of the issued
                               capital of that class)

04.01.02


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