RNS No 9239w
ABERDEEN PREFERRED INCOME TRUST PLC


1   Name of company:
ABERDEEN PREFERRED INCOME TRUST PLC

2   Name of shareholder having a major interest:
FUNDS UNDER THE MANAGEMENT OF ABERDEEN ASSET MANAGERS 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:

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:
2,000,000

6   Percentage of issued class:
1.70%

7   Number of shares/amount of stock disposed:

8   Percentage of issued class:

9   Class of security:
10P ORDINARY SHARES

10  Date of transaction:
18 FEBRUARY 1999

11  Date company informed:
19 FEBRUARY 1999

12  Total holding following this notification:
16,153,953

13  Total percentage holding of issued class following this notification:
13.72%

14  Contact name for queries:
ELIZABETH HAWES

15 Contact telephone number:
0171-463-6307

16  Name of company official responsible for making notification:
ABERDEEN ASSET MANAGEMENT PLC - SECRETARIES

17  Date of notification:
19 FEBRAURY 1999


END

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