SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

All relevant boxes should be completed in block capital letters.

1.   Name of company

Martin Currie High Income Trust plc

2.   Name of shareholder having a major interest

Nutraco Nominees Limited

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 indicates that the shares are held on behalf of The Royal
Bank of Scotland Group plc, RBSG International Holdings Limited and The
Royal Bank of Scotland plc

4.   Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Nutraco Nominees Limited
West Register (Investments) Limited

5.   Number of shares/amount of stock acquired

1,953,750
740,448

6.   Percentage of issued class

5.21%
1.97%

7.   Number of shares / amount of stock disposed

8.   Percentage of issued class

9.   Class of security

Ordinary shares 5p

10.  Date of transaction

Not advised

11.  Date company informed

18 December 2003

12.  Total holding following this notification

2,694,198

13.  Total percentage holding of issued class following this
notification

7.18%

14.  Any additional information

15.  Name of contact and telephone number for queries

Jan Wilson

0131-479-4774

16.  Name and signature of authorised company official responsible for
making this notification

 Martin Currie Investment Management Limited

Date of notification: 19 December 2003