Holding in Company

Martin Currie High Income Trust PLC
20 September 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Martin Currie High Income Trust

2   Name of shareholder having a major interest:
BFS Income & Growth Trust plc

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 in (2)

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
HSBC Global Custody Nominees Limited - designated 863147

5   Number of shares/amount of stock acquired:


6   Percentage of issued class:


7   Number of shares/amount of stock disposed:
150,000

8   Percentage of issued class:
0.40%

9   Class of security:
ordinary 25p

10  Date of transaction:
18 September 2000

11  Date company informed:
20 September 2000

12  Total holding following this notification:
4,437,500

13  Total percentage holding of issued class following this notification:
11.833%

14  Contact name for queries:
Jan Wilson

15 Contact telephone number:
0131 479 4774

16  Name of company official responsible for making notification:
Martin Currie Investment Management Limited

17  Date of notification:
20 September 2000


Additional Information: