RNS No 4689c
FRAMLINGTON INCOME & CAPITAL TRUST PLC
9 April 1999

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.       Name of Company:           Framlington Income & Capital
                                    Trust PLC

2.       Name of shareholder
         having a major interest:   Aberdeen Preferred Income Trust PLC
          
3.       Name of the registered
         holder(s) and, if more
         than one holder, the
         number of shares held
         by each of them:      Talbot Nominees Limited A/C No. 754850

4.       Number of shares acquired:  500,000

5.       Percentage of issued class  
         acquired:                   1.28%

6.       Number of shares disposed:  n/a

7.       Percentage of issued class
         disposed:                   n/a

8.       Class of security:          Income Shares of 25p each

9.       Date of transaction:        08.04.99


10.      Date company informed:      09.04.99

11.      Total holding following
         this notification           2,375,000

12.      Total percentage holding
         of issued class following
         this notification:           6.07%

13.      Any additional information:

14.      Name of contact and
         telephone number for
         queries:                    Robert Hoskin 
                                     0171 330 6634

15.      Name of authorised company
         official responsible for
         making this notification:   Robert Hoskin
         Date of notification:       09.04.99


END




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