RNS Number:3095P
Monthly High Income Trust PLC
02 September 2003



                        SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES


 1. Name of Company                                           Name of Shareholder having a major interest

    The Monthly High Income Trust PLC                         Exeter Investment Group

Please state whether notification indicates that it is in     Name of the registered holder(s) and, if more
respect of holding of the shareholder named in 2 above or in  than one holder, the name of shares held by
respect of a non-beneficial interest or in the case of an     each of them
individual holder if it is a holding of that person's spouse
or children under the age of 18                               Dartmoor Investment Trust - 3,500,000

As in 2 above                                                 Exeter High Income Fund - 1,765,000

                                                              Exeter Enhanced Income Fund Ltd

                                                              - 4,350,000


 5. Number of shares/amount of  Percentage of issued class    Number of shares/   Percentage of issued
    stock acquired                                            amount of stock     class
                                                              disposed
    N/A
                                                              1,765,000 geared
                                                              ordinary shares
                                N/A
                                                                                  2.20%
9. Class of security                      10. Date of transaction       11. Date Company informed

Geared Ordinary                           31 August 2003                2 September 2003

12. Total holding following this notification -     13. Total holding of issued class following this

7,850,000                                           transaction - 9.79%

14. Any additional information

                                                    15. Name of contact and telephone number for Mrs L
                                                    Spencer, Tel 020 7662 8137

16. Name and signature of authorised company official responsible for making this notification - Lyla
Spencer


Date of notification. 2 September 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

HOLKGGGLVZMGFZM