RNS Number:7432Q
BFS Asian Assets Trust Ld
30 January 2002

NOTIFICATION OF CHANGE TO A NOTIFIABLE INTEREST IN COMPANY

BFS ASIAN ASSETS TRUST LIMITED (THE "COMPANY")

ABERDEEN ASSET MANAGERS LIMITED HAS INFORMED THE COMPANY THAT FOLLOWING THEIR 
CLIENTS PURCHASE OF 461,346 GEARED ORDINARY UNITS ON 28 JANUARY 2002 ABERDEEN 
ASSET MANAGERS LIMITED HAS A NON-BENEFICIAL NOTIFIABLE INTEREST IN 18,973,510 
INCOME SHARES OF 0.1 PENCE COMPRISING 22.32% OF THE ISSUED SHARE CAPITAL OF THIS
CLASS AND 6,969,846 CAPITAL SHARES OF 0.1 PENCE COMPRISING 8.20% OF THE ISSUED 
SHARE CAPITAL OF THIS CLASS. THE RESULTANT TOTAL VOTING SHARES MANAGED BY 
ABERDEEN ASSET MANAGERS LIMITED AND IT'S ASSOCIATED COMPANIES IS 35,890,837 
SHARES REPRESENTING 21.11% OF THE TOTAL VOTING SHARES IN ISSUE.

For further information contact:
J R Le Prevost, for Company Secretary      01481 722260


               DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     BFS ASIAN ASSETS TRUST LIMITED

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

     NOTIFICATION IN RESPECT OF SHAREHOLDER

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

     STATE STREET NOMINEES LIMITED A/C XCC8

5)   Number of shares/amount of stock acquired.

     461,346

6)   ( 0.54 %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     CAPITAL SHARES OF 0.1 PENCE EACH FULLY PAID (ACQUIRED BY THE PURCHASE OF 
     GEARED ORDINARY UNITS - EACH REPRESENTS ONE CAPITAL AND ONE INCOME SHARE
     OF 0.1 PENCE EACH FULLY PAID)

10)  Date of transaction

     28 JANUARY 2002

11)  Date company informed

     29 JANUARY 2002

12)  Total holding following this notification

     6,969,846
               
13)  Total percentage holding of issued class following this notification

     8.20%

14)  Any additional information

     NONE

15)  Name of contact and telephone number for queries

     COMPANY SECRETARY, ANSON SECRETARIES LIMITED 01481 722260

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

     Date of Notification ..30 JANUARY 2002......................



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     BFS ASIAN ASSETS TRUST LIMITED

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

     NOTIFICATION IN RESPECT OF SHAREHOLDER

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

     STATE STREET NOMINEES LIMITED A/C XCC8

5)   Number of shares/amount of stock acquired.

     461,346

6)   ( 0.54 %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     INCOME SHARES OF 0.1 PENCE EACH FULLY PAID (ACQUIRED BY THE PURCHASE OF 
     GEARED ORDINARY UNITS - EACH REPRESENTS ONE CAPITAL AND ONE INCOME SHARE
     OF 0.1 PENCE EACH FULLY PAID)

10)  Date of transaction

     28 JANUARY 2002

11)  Date company informed

     29 JANUARY 2002

12)  Total holding following this notification

     6,401,346
               
13)  Total percentage holding of issued class following this notification

     7.53%

14)  Any additional information

     NONE

15)  Name of contact and telephone number for queries

     COMPANY SECRETARY, ANSON SECRETARIES LIMITED 01481 722260

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

     Date of Notification ..30 JANUARY 2002......................


                      This information is provided by RNS
            The company news service from the London Stock Exchange



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