Holding in Company

City of Oxford Geared Inc Tst PLC
11 October 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
The City of Oxford Geared Income Trust Plc

2   Name of shareholder having a major interest:
GARTMORE INVESTMENT 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 Gartmore Investment Limited

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Remaining holdings:  
BNY GIL CLT A/C Noms Ltd A/C SEQT

5   Number of shares/amount of stock acquired:
500,000

6   Percentage of issued class:
2.882

7   Number of shares/amount of stock disposed:
Nil

8   Percentage of issued class:
Nil

9   Class of security:
5p Geared Ordinary Shares

10  Date of transaction:
6 October 2000

11  Date company informed:
11 October 2000

12  Total holding following this notification:
1,250,000

13  Total percentage holding of issued class following this notification:
7.205%

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:
11 October 2000


Additional Information:
Notification is in respect of Geared Ordinary shares held by Gartmore  Shared
Equity Trust.