Holding in Company

City of Oxford Geared Inc Tst PLC
8 May 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

         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


4) Name of the 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
     Not disclosed

6) Percentage of issued class
     Not disclosed

7) Number of shares/amount of stock disposed
     Not disclosed

8) Percentage of issued class
     Not disclosed

9) Class of security
     Geared ordinary 5p shares

Income 5p shares

10) Date of transaction
     Not disclosed


11) Date company informed
     8 May 2001


12) Total holding following this notification
     4,310,000 Income 5p shares

3,365,000 Geared ordinary 5p shares


13) Total percentage holding of issued class following this notification
     8.74% Income 5p shares
     19.39% Geared ordinary 5p shares

14) Any additional information
     Heather J Williams


15) Name of contact and telephone number for queries
     020 7597 1843


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

     Heather J Williams

17) Date of notification:

8th May 2001

Additional Information

Fund Name                     Current Holding   Current     Registered Name
                                                   %
                              Geared ordinary
                              5p shares

Gartmore Monthly Income Trust     1,850,000      10.66  BNY GIL CLT A/C Noms
                                                        Ltd a/c SEQT

Gartmore Absolute Growth &         925,000       5.33   Bank of New York
Income                                                  Nominees Ltd

Gartmore Split Capital             590,000       3.40    BNY GIL CLT A/C NOMS
Opportunities Trust                                      LTD a/c GSCO

                                  3,365,000     19.39%

                              Income 5p shares

Gartmore Monthly Income Trust      860,000       1.74    BNY GIL CLT A/C Noms
                                                         Ltd a/c SEQT

Gartmore Split Capital            3,250,000      6.59    BNY GIL CLT A/C Noms
Opportunities Trust                                      Ltd a/c CSCO

Gartmore UK Income Fund            200,000       0.40   Vidacos Nominees Ltd. G
                                                                  a/c

                                  4,310,000      8.74%