RNS Number:5230C
BFS Income & Growth Trust PLC
14 December 1999

Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
BFS Income & Growth Trust PLC

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:
beneficial

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:

6   Percentage of issued class:

7   Number of shares/amount of stock disposed:
500,000

8   Percentage of issued class:
1.14%

9   Class of security:
ordinary 25p shares 

10  Date of transaction:
13 December 1999

11  Date company informed:
14 December 1999

12  Total holding following this notification:
2,050,000

13  Total percentage holding of issued class following this notification:
4.69% of issued class (2.34% of voting rights)

14  Contact name for queries:
Helen Rice

15 Contact telephone number:
01392 475 956

16  Name of company official responsible for making notification:
Sinclair Henderson Limited, Company Secretary

17  Date of notification:
14 December 1999


Additional Information:
The total number of ordinary shares managed by Aberdeen Asset Managers Ltd and
its associated companies is 13,577,500 (representing 31.04% of the issued
share capital and 15.52% of the voting rights).

The aggregate voting rights held by Aberdeen Asset Managers Ltd is 26.38%.

END

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