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Johnson Fry Inc&Grth (LIG)

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Wednesday 19 April, 2000

Johnson Fry Inc&Grth

Substantial Shareholding

Johnson Fry Income & Growth Tst PLC
19 April 2000


JOHNSON FRY INCOME & GROWTH TRUST PLC

The Company has today been notified that Dunedin Income Growth Investment
Trust PLC now has an interest in 4,000,000 ordinary shares of 25p each,
representing 5.13% of the issued share capital.