RNS No 8105n
ABERDEEN PREFERRED INCOME TRUST PLC
2 July 1999



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
ABERDEEN PREFERRED INCOME TRUST PLC

2   Name of shareholder having a major interest:
ABERDEEN HIGH INCOME TRUST PLC

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:
TALBOT NOMINEES LIMITED A/C 75470

5   Number of shares/amount of stock acquired:
500,000

6   Percentage of issued class:
0.39%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
ORDINARY 10P SHARES

10  Date of transaction:
29 JUNE 1999

11  Date company informed:
1 JULY 1999

12  Total holding following this notification:
9,000,000

13  Total percentage holding of issued class following this notification:
6.99%

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:
2 JULY 1999





Additional Information:
FOLLOWING THE ABOVE TRANSACTION FUNDS UNDER THE MANAGEMENT OF ABERDEEN ASSET
MANAGERS LIMITED AND ITS ASSOCIATE COMPANIES ARE CURRENTLY INTERESTED IN
22,415,643 (REPRESENTING 17.40% OF THE ISSUED SHARE CAPITAL) ORDINARY 10P
SHARES IN ABERDEEN PREFERRED INCOME TRUST PLC


END

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