Holding(s) in Company

City of Oxford Geared Inc Tst PLC
15 January 2002

1 Name of company:

The City of Oxford Geared Income Trust PLC

2 Name of shareholder having a major interest:

Govett High 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 the shareholder in (2) above.

 4. Name of registered holder(s) and, if more than one holder, the number of

See additional information below

5 Number of shares/amount of stock acquired:

Not disclosed

6 Percentage of issued class:

7 Number of shares/amount of stock disposed:

475,000

8 Percentage of issued class:

 2.74

9 Class of security:

Ordinary Shares

10 Date of transaction:

10 January 2002

11 Date company informed:

15 January 2002

12 Total holding following this notification:



13 Total percentage holding of issued class following this notification:

No longer notifiable interest

14 Contact name for queries:

Heather Williams

15 Contact telephone number:

020 7597 1843

16 Name of company official responsible for making notification:

Heather Williams

17 Date of notification:

15 January 2002