RNS Number:1286S
American Investment Trust Limited
17 November 2003



17 November 2003

The American Investment Trust Limited

Notifiable Holding

Aberdeen Asset Management PLC notifies on behalf of its fund management
operating subsidiaries that, as a result of its acquisition of Edinburgh Fund
Managers Group Plc on 24 October 2003, these subsidiaries now control as
managers an additional 1,450,000 ordinary income shares of the Company.

The total number of shares now under the management of Aberdeen Asset Management
PLC's operating subsidiaries is 26,441,352 ordinary income shares representing
19.59% of the issued share capital of the Company.

The breakdown of holdings is as follows:

Name of Company        Registered Name        Number of     % of Issued
                                              Shares        Share Cap.

Aberdeen High Income   State Street Nominees   7,750,000          5.74%
Trust PLC              Ltd for XCC4

The Media & Income     State Street Nominees   1,786,856          1.32%
Trust PLC              Ltd for XCD7

Broadgate Investment   State Street Nominees     500,000          0.37%
Trust PLC              Limited for XCD3

Aberdeen Preferred     State Street Nominees  10,375,146          7.69%
Income Trust PLC       Ltd for XCC8

European Growth &      State Street Nominees   1,250,000          0.93%
Income Trust PLC       Ltd for XCJ6

Technology and Income  HSBC Bank               1,870,000          1.39%
Trust Limited          International Limited
                       1065701

The European Monthly   HSBC Bank               1,085,000          0.80%
Income Trust           International Limited
Limited                11493101

Murray Global Return   Chase Nominees            374,350          0.28%
Trust PLC              Limited

Edinburgh Pacific &    HSBC Bank               1,450,000          1.07%
Income Trust PLC       International Limited
                       11569301

   Total                                      26,441,352         19.59%





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

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