Holding in Company

City of Oxford Geared Inc Tst PLC
21 August 2001

1)                   Name of company
The City of Oxford Geared Income Trust PLC

2) Name of shareholder having a major interest

                Britannic Investment 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

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them
Citibank Nominees Limited                                    500,000
Bank of New York Nominees Limited                            2,100,000

5) Number of shares/amount of stock acquired

2,100,000

6) Percentage of issued class

4.26%

7) Number of shares/amount of stock disposed

8) Percentage of issued class


9) Class of security
                Income shares

10) Date of transaction
                Not disclosed

11) Date company informed
                21 August 2001

12) Total holding following this notification
                2,600,000 Income shares


13) Total percentage holding of issued class following this notification
                5.27

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:

                21 August 2001