Holding in Company

City of Oxford Geared Inc Tst PLC
1 November 2000



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
City of Oxford Geared Income Trust PLC

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 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:
In respect of funds managed by shareholder in (2) above

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

5   Number of shares/amount of stock acquired:
1,000,000

6   Percentage of issued class:
2.030

7   Number of shares/amount of stock disposed:
Nil

8   Percentage of issued class:
Nil

9   Class of security:
Income shares

10  Date of transaction:
30 October 2000

11  Date company informed:
31 October 2000

12  Total holding following this notification:
9,400,000

13  Total percentage holding of issued class following this notification:
19.079%

14  Contact name for queries:
Christopher Wise

15 Contact telephone number:
020 7597 1843

16  Name of company official responsible for making notification:
Christopher Wise

17  Date of notification:
1 November 2000





Additional Information:
Income Shares under management of Aberdeen Asset Management Limited are held
as follows:


Fund Name            Holding        %        Registered Name
                    
Aberdeen Preferred  4,300,000     8.727%     State Street Nominees Ltd
Income Trust PLC                             Account XCC8

Danae Investment      200,000     0.406%     State Street Nominees Ltd
Trust PLC                                    Account XCD5

Jove Investment       250,000     0.507%     State Street Nominees Ltd
Trust PLC                                    Account XCD6

Leveraged Income    2,900,000     5.886%     HSBC Bank International
Fund Limited                                 10980901 

Aberdeen High
Income Trust PLC    1,400,000     2.842%     State Street Nominees Ltd
                                             Account XCC4

Aberdeen Fund of
Investment Trusts     350,000     0.710%     State Street Nominees Ltd
                                             Account XCF8
                    ---------     ------- 
                    9,400,000     19.079%
                    =========     =======