RNS No 4380j
ABERDEEN PREFERRED INCOME TRUST PLC
ABERDEEN PREFERRED SECURITIES PLC


                                   DOCUMENT RE:  
                       ABERDEEN PREFERRED INCOME TRUST PLC

                                      and

                      ABERDEEN PREFERRED SECURITIES PLC

                              ISSUE AND PLACING
                   of up to 30,000,000 new ordinary shares
              of 10p each and up to 10,000,000 new zero dividend
                    preference shares of 5p each in Units
      in connection with a recommended scheme for the reconstruction of
                         OLIM Convertible Trust Plc

                                sponsored by 
                     BREWIN DOLPHIN SECURITIES LIMITED

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END

DOCPBUQCCBGBUQB


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