RNS No 2145t
FRAMLINGTON INCOME & CAPITAL TRUST PLC
25th February 1999


NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.       Name of Company:           Framlington Income & Capital
                                    Trust PLC

2.       Name of shareholder
         having a major interest:   Aberdeen Preferred Income Trust PLC
          
3.       Name of the registered
         holder(s) and, if more
         than one holder, the
         number of shares held
         by each of them:      Talbot Nominees Limited A/C No. 754850

4.       Number of shares acquired:  n/a

5.       Percentage of issued class  
         acquired:                   n/a

6.       Number of shares disposed:  125,000

7.       Percentage of issued class
         disposed:                   0.32%

8.       Class of security:          Income Shares of 25p each

9.       Date of transaction:        23.02.99


10.      Date company informed:      24.02.99

11.      Total holding following
         this notification           1,875,000

12.      Total percentage holding
         of issued class following
         this notification:           4.79%%

13.      Any additional information:

14.      Name of contact and
         telephone number for
         queries:                    Ian Portal 
                                     0171 330 6680

15.      Name of authorised company
         official responsible for
         making this notification:   Ian Portal
         Date of notification:       25.02.99



END


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