Repayment of Debt

To:     Stock Exchange          For immediate release

                    18 September 2002

                      MARTIN CURRIE HIGH INCOME TRUST plc                      

                            Repayment of Bank Debt                             

The Company has today repaid £2.3 million of its existing indebtedness to Bank
of Scotland, which leaves the Company with outstanding indebtedness of £5.0
million.  This repayment has incurred breakage costs of approximately £221,000.

 

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For further information, please contact:

Mike Woodward

Martin Currie Investment Management Ltd                              
            0131 229 5252

[e-mail]


  ND