RNS Number:9556D
New Fulcrum Inv Tst PLC
18 January 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

          New Fulcrum Investment 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

          In respect of 2 above

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

          Talbot Nominees Ltd A/C No 754850

5)   Number of shares/amount of stock acquired.

          -

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

          1,390,000

8)   ( 9.0%) of issued Class

9)   Class of security

          Ordinary

10)  Date of transaction

          12.01.2000

11)  Date company informed

          13.01.2000

12)  Total holding following this notification

          160,000
               
              
13)  Total percentage holding of issued class following this notification

          1.0%

14)  Any additional information

          Following this sale the total no. of ordinary shares held by 
          Aberdeen Asset Managers is 3,109,798 shares being 20.2% of that 
          class.

15)  Name of contact and telephone number for queries

          Jeremy Putley     01423 523553

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification....18 January 2000..........


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

          New Fulcrum Investment Trust Plc

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

          Govett High Income Investment Trust Plc/AIB Govett A.M. Ltd

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

          In respect of 2 above

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

          Not informed

5)   Number of shares/amount of stock acquired.

          1,390,000

6)   (9.0%) of issued Class

7)   Number of shares/amount of stock disposed

          

8)   (   %) of issued Class

9)   Class of security

          Ordinary

10)  Date of transaction

          12.01.2000

11)  Date company informed

          18.01.2000

12)  Total holding following this notification

          1,640,000
               
              
13)  Total percentage holding of issued class following this notification

          10.7%

14)  Any additional information

          Shares were sold by Aberdeen Asset Managers Ltd

15)  Name of contact and telephone number for queries

          Jeremy Putley     01423 523553

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification....18 January 2000..........


END

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