RNS Number:9290A
Real Estate Opportunities Limited
09 September 2002

                                  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 the registered holder(s) and, if more than one holder, the number of
shares held by each of them

State Street Nominees Ltd for XCC8

5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

3,509,008

8. Percentage of issued class

1.59%

9. Class of security

Ordinary 1p shares

10. Date of transaction

6 September 2002


11. Date company informed

9 September 2002

12. Total holding following this notification

10,790,992

13. Total percentage holding of issued class following this notification

4.90%

14. Any additional information

The total number of shares now managed by Aberdeen Asset Managers Limited and 
its associated companies is 48,199,458 representing 21.88% of the issued share 
capital of that class (previously 25.57%).

15. Name of contact and telephone number for queries

Ruth Humphrey, 020 7463 6305

16. Name and signature of authorised company official responsible for making
this notification

Aberdeen Asset Management PLC - Secretaries

Date of notification

9 September 2002



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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