RNS No 7797x
ABERDEEN PREFERRED INCOME TRUST PLC
6 May 1999

TO:  STOCK EXCHANGE

SAR 5
ABERDEEN PREFERRED INCOME TRUST PLC
ORDINARY 1P SHARES

Aberdeen Asset managers Limited write to inform you that they sold 250,000
shares of the above company on the 5th May 1999, on behalf of discretionary
funds under management.

The total number of shares now managed by Aberdeen Asset Managers Limited and
its associated companies is 19,975,703 representing 16.96% of the issued share
capital of that class (previously 17.17%).

FROM:  ELSPETH SPICE
       COMPLIANCE DEPARTMENT
       ABERDEEN ASSET MANAGERS

END

SAFUBUBWABGBGGQ


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