APR Apr Energy

RNS Number:0126B
Jersey Phoenix Trust Ld
17 November 1999


Letter to:  Company Announcements Office

Notification of Major Interest in Ordinary 10p Shares

We wish to inform you that we were notified today by Aberdeen Asset Managers
Limited that they sold, on 9 November 1999, 512,036 shares on behalf of
discretionary funds under management.

Their aggregate holding now amounts to 7,592,796 shares allocated as follows:-

Aberdeen High Income Trust Plc               1,600,000
Danae Investment Trust Plc                     250,000
Jove Investment Trust Plc                      400,000
Aberdeen Preferred Income Trust Plc          3,000,000
Private clients                              2,342,796
                                             ---------
Total                                        7,592,796

The aggregate holding of ordinary shares of this company under the management of
Aberdeen Asset Managers Limited represents 23.14% of the issued share capital.

Letter from:  Jersey Phoenix Trust Limited

END
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