Holding in Company

Gartmore Monthly Income Tst PLC
13 August 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     GARTMORE MONTHLY INCOME TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ABERDEEN HIGH INCOME TRUST PLC & OTHER DISCRETIONARY FUNDS 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

     AS ABOVE

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 A/C XCC4     2,175,000
     HSBC BANK INTL. A/C 10980901         100,000
     CHASE NOMINEES                     1,250,000
                                        ---------
                                        3,525,000  
                                        ---------

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     3,525,000

8)   (3.20%) of issued Class

9)   Class of security

     ORDINARY SHARES OF 1p EACH

10)  Date of transaction

     10/8/01

11)  Date company informed

     13/8/01

12)  Total holding following this notification

     ABERDEEN HIGH INCOME TRUST        - 8,905,000
     LEVERAGED INCOME FUND             - 4,089,950
     MURRAY EMERGING GR. & INC.        - NIL
               
13)  Total percentage holding of issued class following this notification

     11.83%

14)  Any additional information

     ABERDEEN ASSET MANAGERS LIMITED NOW MANAGES ORDINARY SHARES EQUAL TO 
     24.77% OF THAT CAPITAL

15)  Name of contact and telephone number for queries

     C A KEELEY - 020 7782-2389
     

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

     Date of Notification ....13/8/2001..............