RNS Number:7125M
US Growth & Income Fund Ld
24 June 2003



1    Name of company:

     US Growth & Income Fund Ltd


2    Name of shareholder having a major interest:

     Aberdeen Asset Managers Limited


3    Please state whether notification indicates that it is in respect of
     holding of that shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual if it is a holding 
     of that person's spouse or children under the age of 18:

     As above


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

     Aberdeen High Income Trust Plc - 1,000,000 (1.67%)
     The Media & Income Trust Plc - 1,319,200 (2.20%)
     Aberdeen Preferred Income Trust Plc - 4,000,000 (6.67%)
     Leverage Income Fund Limited - 0.00 (0.00%)
     The European Monthly Income Trust Ltd - 0.00 (0.00%)
     The American Monthly Income Trust Limited - 3,000,000 (5.00%)


5    Number of shares/amount of stock acquired:

     0.00

6    Percentage of issued class:

     0.00%

7    Number of shares/amount of stock disposed:
     
     
8    Percentage of issued class:

     %

9    Class of security:

     Ordinary Shares


10   Date of transaction:

     N/a


11   Date company informed:

     23/06/03


12   Total holding following this notification:

     9,319,200


13   Total percentage holding of issued class following this notification:

     15.53%%


14   Contact name for queries:

     David Le Boutillier


15   Contact telephone number:

     01481 710607


16   Name of company official responsible for making notification:

     David Le Boutillier


17   Date of Notification:

     24/06/03



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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