RNS No 8345e
ABERDEEN PREFERRED INCOME TRUST PLC
7th January 1999


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:
ABERDEEN HIGH 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 registered holder(s) and, if more than one holder, the number of
shares held by each of them:
TALBOT NOMINEES LIMITED A/C 754700

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
1,450,000

8   Percentage of issued class:
1.23%

9   Class of security:
ORDINARY 10P SHARES

10  Date of transaction:
6 JANUARY 1999

11  Date company informed:
6 JANUARY 1999

12  Total holding following this notification:
8,200,000

13  Total percentage holding of issued class following this notification:
6.96%

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:
7 JANUARY 1999

Additional Information:
FOLLOWING THE ABOVE TRANSACTION FUNDS UNDER MANAGEMENT OF ABERDEEN ASSET
MANAGERS LIMITED AND ITS ASSOCIATED COMPANIES ARE INTERESTED IN 14,667,514
(REPRESETING 12.45% OF THE ISSUED SHARE CAPITAL) ORDINARY 10P SHARES IN
ABERDEEN PREFERRED INCOME TRUST PLC.


END

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