RNS Number:5666E
Aberdeen Preferred Income Trust PLC
02 December 2002


The following replaces the Holding in Company announcement released on 2
December 2002 at 1632 hrs. under RNS 5609E. Under Any Additional Information it
should read that Jove Investment Trust is now being self-managed. The full
updated text is shown below.


                                  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

     Clients of Aberdeen Asset Managers 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


4.   Name of the registered holder(s) and, if more than one holder, the number 
     of shares held by each of them State Street Nominees Ltd for XCD6


5.   Number of shares / amount of stock acquired

     N/A


6.   Percentage of issued class

     N/A


7.   Number of shares / amount of stock disposed

     1,350,000


8.   Percentage of issued class

     0.80%


9.   Class of security

     Ordinary 10p shares


10.  Date of transaction

     7 November 2002


11.  Date company informed

     26 November 2002


12.  Total holding following this notification

     45,326,676


13.  Total percentage holding of issued class following this notification

     26.85%


14.  Any additional information

     The Aberdeen Group's notifiable interest has reduced following the Jove 
     Investment Trust Investment being self-managed.


15.  Name of contact and telephone number for queries

     Ruth Humphrey, 020 7463 6305


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

     Aberdeen Asset Management PLC - Secretaries


Date of notification
    
2 December 2002


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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