RNS No 1758n
INVESCO RECOVERY TRUST 2005 PLC
28 July 1999


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
INVESCO RECOVERY TRUST 2005 PLC

2   Name of shareholder having a major interest:
ABERDEEN ASSET MANAGEMENT LTD AND ITS ASSOCIATED COMPANIES

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:
NOTIFICATION IS IN RESPECT OF THE SHAREHOLDER NAMED IN 2 ABOVE

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
TALBOT NOMINEES LTD A/C 754850 - 1,653,270
LEVERAGED INCOME FUND LTD - 2,000,000

5   Number of shares/amount of stock acquired:
SEE ADDITIONAL INFORMATION -

6   Percentage of issued class:
SEE ADDITIONAL INFORMATION -

7   Number of shares/amount of stock disposed:
SEE ADDITIONAL INFORMATION -

8   Percentage of issued class:
SEE ADDITIONAL INFORMATION -

9   Class of security:
ORDINARY SHARES

10  Date of transaction:
27 JULY 1999

11  Date company informed:
28 JULY 1999

12  Total holding following this notification:
3,653,270

13  Total percentage holding of issued class following this notification:
21.09%

14  Contact name for queries:
ALEX PROUDLER

15 Contact telephone number:
0171 454 3249

16  Name of company official responsible for making notification:
ALEX PROUDLER
FOR INVESCO ASSET MANAGEMENT LIMITED - SECRETARIES

17  Date of notification:
28 JULY 1999


Additional Information:
THE FOLLOWING CHANGES TOOK PLACE WITHIN THE ABOVE HOLDING:

1,500,000 SHARES WERE SOLD ON BEHALF OF ABERDEEN PREFERRED INCOME TRUST PLC
WHICH NOW HOLDS 1,653,270 (9.55%)

1,500,000 SHARES WERE PURCHASED ON BEHALF OF LEVERAGED INCOME FUND LIMITED
WHICH NOW HOLDS 2,000,000 (11.55%)

THE TOTAL NUMBER OF SHARES MANAGED BY ABERDEEN ASSET MANAGERS LTD AND ITS
ASSOCIATED COMPANIES REMAINS 3,653,270 (21.09%)

END

HOLNFKXPAANNEFN


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