Holding in Company

Martin Currie High Income Trust PLC
30 May 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company
Martin Currie High Income Trust plc


2)   Name of shareholder having a major interest
BC Asset Management Ltd



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 the registered holder(s) and, if more than one holder, the
     number of shares held by each of them
   BC Income & Growth Fund 1,350,000   (3.60%)

*  Property Income & Growth Fund  813,008  (2.17%)


5)   Number of shares/amount of stock acquired
813,008


6)   Percentage of issued class
2.17%


7)   Number of shares/amount of stock disposed



8)   Percentage of issued class



9)   Class of security
Ordinary shares 25p


10)  Date of transaction
25 May 2001


11)  Date company informed
30 May 2001


12)  Total holding following this notification


2,163,008 shares

13)  Total percentage holding of issued class following this notification

5.77%

14)  Any additional information



15)  Name of contact and telephone number for queries

Marie Allan

16)  Name and signature of authorised company official responsible for
     making this notification
Martin Currie Investment Management Limited
     Date of notification ...30 May 2001.....