RNS No 4313b
TECHNOLOGY & INCOME TRUST LIMITED


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

TECHNOLOGY & INCOME TRUST LIMITED

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ABERDEEN PREFERRED 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

AS 2

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

N/A

5)  Number of shares/amount of stock acquired.

8,500,000

6)  (14.17%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY 10P SHARES

10) Date of transaction

N/A

11) Date company informed

2/8/99

12) Total holding following this notification

8,500,000

13) Total percentage holding of issued class following this notification

14.17%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

E R SMITH
01481 717862

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification...3 AUGUST 1999......




                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

TECHNOLOGY & INCOME TRUST LIMITED

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

LEVERAGED INCOME FUND 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

AS 2

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

N/A

5)  Number of shares/amount of stock acquired.

3,000,000

6)  (5%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY 10P SHARES

10) Date of transaction

N/A

11) Date company informed

2/8/99

12) Total holding following this notification

3,000,000

13) Total percentage holding of issued class following this notification

5%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

E R SMITH
01481 717862

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification...3RD AUGUST 1999......



                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

TECHNOLOGY & INCOME TRUST LIMITED

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

AS 2

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

N/A

5)  Number of shares/amount of stock acquired.

2,000,000

6)  (3.33%) of issued Class

7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class

9)  Class of security

ORDINARY 10P SHARES

10) Date of transaction

N/A

11) Date company informed

2/8/99

12) Total holding following this notification

2,000,000

13) Total percentage holding of issued class following this notification

3.33%  

14) Any additional information

N/A

15) Name of contact and telephone number for queries

E R SMITH
01481 717862

16) Name and signature of authorised company official responsible for making
    this notification

    Date of Notification...3RD AUGUST 1999......


END

HOLSSSFFDUUUFEA


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