Holding(s) in Company

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

All relevant boxes should be completed in block capital letters.

1.
Name of company
Martin Currie High Income Trust plc

2.
Name of shareholder having a major interest
Exeter Asset Management 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 in 2 above

4.
Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Exeter Enhanced Income Fund Limited - 1,000,000
Exeter High Income Unit Trust - Nil

5.
Number of shares/amount of stock acquired

6.
Percentage of issued class

7.
Number of shares / amount of stock disposed

8.
Percentage of issued class

9.
Class of security
Ordinary shares 5p

10.
Date of transaction
31 August 2003

11.
Date company informed
5 September 2003

12.
Total holding following this notification
1,000,000

13.
Total percentage holding of issued class following this notification
2.66%

14.
Any additional information

"Due to the sale of the management contracts of our open ended funds to
New Star, Exeter's interest in the above company has reduced by
1,600,000 Ordinary shares."

15.
Name of contact and telephone number for queries
Janette Makin
0131-479-5895

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


Martin Currie Investment Management Limited

Date of notification: 8 September 2003