RNS No 7806k
ABERDEEN PREFERRED INCOME TRUST PLC
10 August 1999



SAR 5 ANNOUNCEMENT
ORDINARY 10p SHARES

Aberdeen Asset Managers Limited write to inform you that they sold 1,200,000
shares of the above company on the 9th August 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 24,139,000 representing 18.74% of the issued share
capital of that class (previously 19.67%).

ENQUIRIES:

Elspeth Spice
Compliance Department
Tel 01224 631999 extension 5031


END

SAFGBUWCRBGBGUU


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