RNS Number:4674Q
Monthly High Income Trust PLC
02 October 2003

Weiss Asset Management

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Subject: Disclosure of our holdings of MONTHLY HIGH INCOME TRUST

Date of acquisition September 22, 2003

Acquisition in MONTHLY HIGH INCOME TRUST PLC

1. Class of voting shares (eg ordinary shares) - INCOME SHARES

Number of shares/rights over shares acquired - 2,250,461 shares

The above acquisition was made for the following entities, managed by Weiss
Asset Management and Weiss Capital:

INCOME SHARES

Brookdale International Partners 1,575,323 shares

Brookdale Global Opportunity Fund 675,138 shares

(2) Resultant total holding of voting shares (and % of total voting shares in
issue) - 6,180,661 shares, 7.71%

INCOME SHARES

Brookdale International Partners 3,540,423 shares

Brookdale Global Opportunity Fund 2,640,238 shares

(3) Party making disclosure Weiss Asset Management and Weiss Capital

(4) (a) Name of person acquiring shares or rights over shares

Weiss Asset Management and Weiss Capital

We would like to inform you that Weiss Asset Management and Weiss Capital have
replaced The Brookdale Group as investment manager of Brookdale Glboal
Opportunity Fund and Brookdale International Partners. Weiss Asset Management is
the general partner for Brookdale International Partners and Weiss Capital is
the investment manager for Brookdale Global Opportunity.


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