APR Apr Energy

RNS No 1470f
JERSEY PHOENIX TRUST LIMITED
28 JULY 1999

TO COMPANY ANNOUNCEMENTS OFFICE


NOTIFICATION OF MAJOR INTEREST IN ORDINARY 10P SHARES

We wish to inform you that we were notified by Aberdeen Asset Managers Limited
on 27 July 1999 that they sold 150,000 shares on 23 July 1999 on behalf of
Enhanced Zero Investment Trust Plc.

Their aggregate holding now amounts to 7,149,426 shares allocated as follows: -

Aberdeen High Income Trust Plc                    750,000
Danae Investment Trust Plc                        250,000
Jove Investment Trust Plc                         400,000
Aberdeen Preferred Income Trust Plc             2,500,000
Leveraged Income Fund Limited                      50,000
Private Clients                                 3,199,426

Total                                           7,149,426

The aggregate holding of ordinary shares of this company under the management of
Aberdeen Asset Managers Limited, represents 21.88% of the issued share capital.

FROM  JERSEY PHOENIX TRUST LIMITED


END

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