RNS Number:0471D
Aberdeen Preferred Income Trust PLC
23 December 1999

As a result of the assumption of the investment management contract of Second
St David's Investment Trust Plc, Aberdeen Asset Managers Limited and its
associated companies are currently interested in 21,533,718 Ordinary 10p
Income Shares of Aberdeen Preferred Income Trust PLC (representing 16.71% of
the issued share class).

Aberdeen High Income Trust PLC                   4,000,000 
Aberdeen Convertible Income Trust PLC            2,594,204 
Danae Investment Trust PLC                         300,000 
Jove Investment Trust PLC                        1,750,000 
Enhanced Zero Trust PLC                          3,800,000 
Second St David's Investment Trust Plc           1,000,000 
Discretionary Private Clients                      142,170 
Private Client Pep Holding                           7,200 
Private Clients Jersey                              50,000 
Technology & Income Trust Limited                5,453,250 
Leveraged Income Fund Limited                    1,944,204 
Aberdeen Fund of Investment Trusts (Unit Trust)    492,690 

END

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