Quarterly Portfolio Disclosure

In accordance with UKLA Listing Rule 21.20 (1)(ii) and on behalf of the
investment trusts under its management, Aberdeen Asset Managers Limited
announces the following list representing the Company's 10 largest investments
and where appropriate, any investment with a value greater than 5% of the
Company's gross assets as at 31 January 2005:


THE TAVERNERS TRUST PLC

Top 10 Portfolio Assets
NAME                                               Market Value       % Ttl Gross
                                                                           Assets
PUNCH TAVERNS ORD GBP NPV                             1,606,800              6.19
FULLER SMITH & TURNER 'A' ORD GBP1                    1,545,300              5.96
HARDYS & HANSONS ORD GBP0.05                          1,540,500              5.94
WOLVERHAMPTON & DUDLEY BREWERIES GBP29.5              1,528,544              5.89
YOUNG AND CO BREWERY                                  1,476,875              5.69
GREENE KING ORD GBP0.25                               1,286,000              4.96
RESTAURANT GROUP ORD GBP0.25                          1,196,525              4.61
GEORGICA ORD GBP0.05                                  1,169,000              4.51
ULTIMATE LEISURE GROUP ORD 10P                        1,091,200              4.21
BELHAVEN GROUP ORD 10P                                1,084,450              4.18


ABERDEEN NEW DAWN INVESTMENT TRUST PLC

Top 10 Portfolio Assets
NAME                                               Market Value       % Ttl Gross
                                                                           Assets
ABERDEEN INTERNATIONAL INDIA OPPORTUNITIES FUND      11,218,821             13.23
SAMSUNG ELECTRONICS KRW5000 PREF                      6,281,939              7.41
SWIRE PACIFIC HKD0.12 B SHS                           3,464,150              4.08
OVERSEA-CHINESE BANKING CORP SGD1                     3,006,998              3.54
CHINA MOBILE (HK) HKD0.10                             2,620,289              3.09
QBE INSURANCE GROUP NPV                               2,502,208              2.95
HYUNDAI MOTOR PRF KRW5000                             2,369,202              2.79
SIAM CEMENT THB1 (ALIEN MKT)                          2,293,202              2.70
VENTURE SGD0.25                                       2,168,508              2.56
WING HANG BANK HKD1                                   2,113,582              2.49


ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC

Top 10 Portfolio Assets
NAME                                               Market Value       % Ttl Gross
                                                                           Assets
BANK NISP IDR125                                      4,283,898              5.69
ROWE EVANS INVS ORD GBP0.10                           3,091,200              4.11
REGION CONTAINER LINE THB1                            2,505,912              3.33
AEON STORES HONG KONG HKD0.20                         2,474,272              3.29
BINGGRAE CO KRW5000                                   2,104,751              2.80
ROBINSON & CO SG$1                                    2,099,776              2.79
GRASIM INDUSTRIES INR10 (DEMAT)                       2,015,898              2.68
GODREJ CONSUMER PRODUCTS INR4                         1,910,691              2.54
HANA MICROELECTRONIC THB1 (ALIEN MKT)                 1,881,325              2.50
LPI CAPITAL BHD MYR1.00                               1,792,902              2.38


ENHANCED ZERO TRUST PLC

Top 10 Portfolio Assets
NAME                                               Market Value       % Ttl Gross
                                                                           Assets
REAL ESTATE OPPORTUNITIES                             7,014,625             45.60
MORLEY ABSOLUTE GROWTH NEW ZERO DIV PREF SHS          4,291,420             27.90
EURO GROWTH & INCOME TRUST ZERO DIV PREF SHS          1,899,826             12.35
DANAE INV TST ZERO DIV PREF 1P                        1,869,608             12.15
BFS EQUITY INC & BOND TRUST GUERNSEY ZERO DIV         1,236,150              8.04
ESCIF SECURITIES ZERO DIV PRF 10P                     1,230,000              8.00
BFS INCOME GROWTH TRUST ZERO CPN PREF GBP0.25           946,834              6.15
EXETER SECURITIES ZERO DIV PRF ORD 10P                  753,750              4.90
AMERICAN ZDP ZERO DIV PREF SHS 1P                       511,500              3.32
REAL ESTATE OPPORTUNITIES ORD GBP0.01                   442,125              2.87