Holding in Company

City of Oxford Geared Inc Tst PLC
20 February 2001

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:
Geared Income Investment Trust PLC

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 under management of Exeter Asset Management Limited

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
HSBC Global Custody Nominees Ltd. A/C 863147

5   Number of shares/amount of stock acquired:
434,000

6   Percentage of issued class:
2.5%

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:
16th February 2001

11  Date company informed:
20th February 2001

12  Total holding following this notification:
919,613

13  Total percentage holding of issued class following this notification:
5.30%

14  Contact name for queries:
Martin Slade

15 Contact telephone number:
020 7597 1942

16  Name of company official responsible for making notification:
Martin Slade

17  Date of notification:
20th February 2001





Additional Information: