APR Apr Energy

RNS No 3579j
ABERDEEN PREFERRED INCOME TRUST PLC
30th November 1998


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ABERDEEN PREFERRED INCOME TRUST PLC

2   Name of shareholder having a major interest:
EXETER ASSET MANAGEMENT LIMITED

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:
NOT DISCLOSED

5   Number of shares/amount of stock acquired:
250,000

6   Percentage of issued class:
0.21

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
ORDINARY 10p SHARES

10  Date of transaction:
27 NOVEMBER 1998

11  Date company informed:
30 NOVEMBER 1998

12  Total holding following this notification:
5,950,000

13  Total percentage holding of issued class following this notification:
5.05%

14  Contact name for queries:
LIZ HARRISON

15 Contact telephone number:
0171-463-6307

16  Name of company official responsible for making notification:
ABERDEEN ASSET MANAGEMENT PLC - SECRETARIES

17  Date of notification:
30 NOVEMBER 1998

Additional Information:
FOLLOWING THE ABOVE TRANSACTION FUNDS UNDER THE MANAGEMENT OF EXETER ASSET
MANAGEMENT LIMITED ARE INTERESTED IN 5,950,000 (REPRESENTING 5.05% OF THE
ISSUED SHARE CAPITAL) ORDINARY 10P SHARES IN ABERDEEN PREFERRED INCOME TRUST
PLC.

BENEFICIALLY OWNED AS FOLLOWS:-

EXETER PREFERRED CAPTITAL INVESTMENT TRUST - 1,100,000
DARTMOOR INVESTMENT TRUST     - 3,000,000
EXETER HIGH INCOME UNIT TRUST - 1,600,000
EXTER ENHANCED INCOME FUND    -   250,000


END

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