RNS No 8057f
ABERDEEN CONVERTIBLE INCOME TRUST PLC
26th October 1998

TO: COMPANY ANNOUNCEMENTS OFFICE

Aberdeen Asset Managers Limited write to inform you that they sold 350,000
shares of the above company on 23rd October 1998 on behalf of Aberdeen Preferred
Income Trust Plc.

The total number of shares now managed by Aberdeen Asset Managers Limited and
its associated companies is 5,196,902 representing 14.31% of the issued share
capital of that class (previously 15.27%).

FROM: ELSPETH SPICE, 
      COMPLIANCE DEPARTMENT, 
      ABERDEEN PROLIFIC UNIT TRUST MANAGERS LIMITED

END

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