RNS No 4373h
ABERDEEN PREFERRED INCOME TRUST PLC
3 August 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:
DISCRETIONARY CLIENTS OF ABERDEEN ASSET MANAGERS LIMITED AND ITS ASSOCIATE
COMPANIES

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:


5   Number of shares/amount of stock acquired:
3,200,000

6   Percentage of issued class:
2.48%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
ORDINARY 10p SHARES

10  Date of transaction:
30 JULY 1999

11  Date company informed:
2 AUGUST 1999

12  Total holding following this notification:
25,339,000

13  Total percentage holding of issued class following this notification:
19.67%

14  Contact name for queries:
CHARLES MEARNS

15 Contact telephone number:
0171 463 6302

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

17  Date of notification:
2 AUGUST 1999


END

HOLMLGGRRFGLLMG


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