RNS Number:1532S
Jersey Phoenix Trust Ld
6 October 2000


LETTER TO:    COMPANY ANNOUNCEMENTS OFFICE


Notification of Major Interest in Ordinary 10p Shares

We wish to inform you that we were notified yesterday by Aberdeen Asset Managers
Limited that, on 4 October 2000, they purchased 2,503,000 shares on behalf of
The Media & Income Trust Plc.

Their aggregate holding now amounts to 7,471,177 shares allocated as follows:-

The Media & Income Trust Plc               2,503,000
Second St David's Investment Trust Plc     1,400,000
Danae Investment Trust Plc                   210,000
Jove Investment Trust Plc                    890,000
Private clients                            2,468,177

Total                                      7,471,177


The aggregate holding of ordinary shares of this company under the management of
Aberdeen Asset Managers Limited represents 22.69% of the issued share capital.


LETTER FROM:  JERSEY PHOENIX TRUST
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