RNS Number:1189C
Aberdeen Preferred Income Trust PLC
7 December 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:
BFS INCOME & GROWTH 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:


4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
LLOYDS BANK NOMINEES LIMITED A/C BIG

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
2,000,000

8   Percentage of issued class:
1.55%

9   Class of security:
10P ORDINARY INCOME SHARES

10  Date of transaction:
6 DECEMBER 1999

11  Date company informed:
7 DECEMBER 1999

12  Total holding following this notification:
7,300,000

13  Total percentage holding of issued class following this notification:
5.67%

14  Contact name for queries:
ELIZABETH HAWES

15 Contact telephone number:
0207 463 6307

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

17  Date of notification:
7 DECEMBER 1999



Additional Information:


END
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