RNS No 6414t
ABERDEEN PREFERRED INCOME TRUST PLC
22nd July 1998



SUBSTANTIAL HOLDING DISPOSAL NOTIFICATION


Please accept this telefax as notification that the above Company on 21st July
disposed of 7,302,359 Ordinary Shares of the Aberdeen Preferred Income Trust,
reducing the total holding to 9,000,000 Ordinary Shares (14.907%).  



END

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