APR Apr Energy

RNS No 1650r
GEARED INCOME INVESTMENT TRUST PLC
2 June 1999

Letter to: Company Announcements Office

SAR 5 ANNOUNCEMENT
GEARED INCOME INVESTMENT TRUST
ORDINARY 25P SHARES

Aberdeen Asset Managers Limited write to inform you that they sold 1,030,000
shares of the above company on the 1st June 1999, on behalf of Aberdeen
Preferred Income Trust Plc.

The total number of shares now managed by Aberdeen Asset Managers Limited and
its associated companies is 10,000,000 representing 10.95% of the issued share
capital of that class (previously 12.43%).

The total number of voting rights now managed by Aberdeen Asset Managers Limited
and its associated companies is 20.38%. (previously 21.06%).


From:  Elspeth Spice
       Compliance Department
       Aberdeen Asset Managers

END



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