Holding(s) in Company

SCHEDULE 10
                                    
                NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)  Name of company:
   Dunedin Income Growth Investment Trust plc

2) Name of shareholder having a major interest
     Standard Life Investments


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
     on behalf of Standard Life Group


4) Name of the registered holder(s) and, if more than one holder, the
   number of shares held by each of them
     Stanlife Nominees Ltd - 6,196,030

5) Number of shares/amount of stock acquired
     not disclosed


6) Percentage of issued class
     not disclosed


7) Number of shares/amount of stock disposed
     1,000,000


8) Percentage of issued class
     0.62%


9) Class of security
     Ordinary 25p shares


10) Date of transaction
     2 December 2002


11) Date company informed
     3 December 2002


12) Total holding following this notification
     6,196,030


13) Total percentage holding of issued class following this notification
     3.87%


14) Any additional information 
    None


15) Name of contact and telephone number for queries
     Amanda Fraser (Tel [phone])


16) Name and signature of authorised company official responsible for
    making this notification

Amanda Fraser
Date of notification ....................3 December 2002