RNS Number:9859J
M&G Income Inv Trust PLC
13 September 2001

13 September 2001



M&G Income Investment Trust P.L.C.

Substantial Shareholding



M&G Income Investment Trust P.L.C. (M&G IIT) announces that it has recently
been informed by Aberdeen Asset Managers Limited (AAML) of the purchase of
24,983,000 M&G IIT Income shares on behalf of Aberdeen Preferred Income Trust
Plc. M&G IIT has also been informed of the sale of 24,983,000 M&G IIT Income
shares by AAML on behalf of The Media & Income Trust PLC.

The total holding of M&G IIT Income shares managed by AAML and its associated
companies, including those held within M&G IIT Geared Ordinary Units (each
comprising 1 Capital and 1 Income share) remains at 28,503,366 representing
11.49 per cent of the issued share capital of the M&G IIT Income shares.

This now comprises:

Fund                                   Security                   Number

Aberdeen High Income Trust P.L.C       Geared Ordinary Units      2,020,366

Aberdeen Preferred Income Trust Plc    Income shares              24,983,000

Murray Global Return Trust PLC         Income shares              1,500,000






J.P. McClelland
Secretary



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