Holding in Company

City of Oxford Geared Inc Tst PLC
9 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

         Exeter Investment Group 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


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
     Income 5p shares

10) Date of transaction
     Not disclosed


11) Date company informed
     9 May 2001


12) Total holding following this notification
     13,450,000 Income 5p shares


13) Total percentage holding of issued class following this notification
     27.30% Income 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:

     9th May 2001



Additional Information

Fund Name                                     Current Holding       Current %

                                              Income 5p shares

Dartmore Trust                                     6,050,000          12.28
Exeter Enhanced Income Fund Limited                3,500,000           7.10
Exeter Selective Assets Investment Trust           1,000,000           2.03
Exeter High Income Unit Trust                      2,900,000           5.89
                                                   13,450,000         27.30%