RNS Number:1268N
Quarterly High Income Trust PLC
14 November 2001


14 November 2001


                     The Quarterly High Income Trust PLC

(Incorporated and registered in England and Wales under the Companies Act 1985
                         with registered no 2691478)

                                  St Helen's

                                 1 Undershaft

                               London EC3P 3DQ

                            Suspension of Dividend



Suspension of Dividend

The Company announces that, due to a technical requirement of the Companies
Act 1985, the third interim dividend due to be paid in December 2001 is
suspended. This dividend was due to go ex-dividend on the 21 November 2001.
The reasons for the suspension were outlined in the previous announcement of
the 2nd November 2001



Future of the Company

The Directors and the Manager continue to consider the alternatives available
to the Company at this time and are taking advice from UBS Warburg Ltd.
Furthermore, the Company and the Manager continue in their discussions with
the lending banks.

Enquiries

Quarterly High Income Trust

David Keen     020 7809 6007

Morley Fund Management Ltd

Gerard Quirke     020 7809 6000

Neil Smith     020 7809 6151

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