RNS Number:6395U
Aberdeen Asset Management PLC
26 January 2004


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

ABERDEEN ASSET MANAGEMENT PLC

2. Name of director

a) MARTIN GILBERT
b) WILLIAM RATTRAY
c) ANDREW LAING

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 or in respect of a non-beneficial
interest

OWN NAME

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

OWN NAME

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

N/A

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

GRANT OF OPTIONS UNDER THE 1994 EXECUTIVE SHARE OPTION SCHEME.
UNAUTHORISED SCHEDULE

7. Number of shares / amount of stock acquired

N/A

8. Percentage of issued class

N/A

9. Number of shares/amount of stock disposed

N/A

10. Percentage of issued class

N/A

11. Class of security

N/A

12. Price per share

N/A

13. Date of transaction

N/A

14. Date company informed

N/A

15. Total holding following this notification

N/A

16. Total percentage holding of issued class following this notification

N/A

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant

23 JANUARY 2004

18. Period during which or date on which exercisable

23 JANUARY 2007 TO 23 JANUARY 2014 SUBJECT TO SATISFACTION OF
PERFORMANCE CRITERIA

19. Total amount paid (if any) for grant of the option

NIL

20. Description of shares or debentures involved: class, number

a)     413,000 ORDINARY SHARES OF 10P EACH
b)     144,000 ORDINARY SHARES OF 10P EACH
c)      89,000 ORDINARY SHARES OF 10P EACH

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

84.0 PENCE PER ORDINARY SHARE

22. Total number of shares or debentures over which options held following this
notification

a)     1,628,000
b)       634,000
c)       650,500

23. Any additional information

N/A

24. Name of contact and telephone number for queries

SCOTT MASSIE 01224 631999

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

SCOTT MASSIE, COMPANY SECRETARY

Date of Notification

26 JANUARY 2004

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.




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