Holding(s) in Company

Capital Gearing Trust p.l.c

20 January 2009

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Identity of the issuer to which voting rights are attached:
Capital Gearing Trust p.l.c

Reason for the notification:
Acquisition and Disposal of voting rights

Full name of person subject to the notification obligation:
Barclays plc

Full name of shareholders:
See note on "Chain of controlled undertakings"

Date of the transaction:

Acquisition - 2 January 2009
Disposal - 12 January 2009

Date on which issuer notified:
19 January 2009*

Threshold that is crossed:
Holdings increased to above 5% on acquisition on 2 January 2009 and
decreased below 5% on disposal on 12 January 2009.

Voting rights attached to shares:
Situation previous to the Triggering transaction
Class of Shares: Ord 25p Shares (GB0001738615)


Class of shares          Number of shares Number of voting Rights
Acquisition transaction:
Ord 25p Shares           15,210           15,210
Disposal transaction:
Ord 25p Shares           139,648          139,648



Resulting situation after the triggering transaction
Class of Shares: Ord 25p Shares (GB0001738615)

Number of  Number of voting rights          % of voting rights
shares
           Direct     Indirect   Total      Direct     Indirect   Total
Acquisition
transaction:
139,627    0          139,627    139,627    0%         5.0%       5.0%
Disposal transaction:
Not        Not        Not        Not        Not        Not        Not
reportable reportable reportable reportable reportable reportable reportable



Chain of controlled undertakings through which the voting rights are
effectively held:
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd

Proxy Voting:
Name of the proxy holder:
N/A

Number of voting rights proxy holder will cease to hold:
N/A

Date on which proxy holder will cease to hold voting rights:
N/A

Additional information:
* Due to an error in the forwarding of mail from the registered
office, notification of the above detailed acquisition and disposal
was not received by the Company until Monday 19 January 2009. Any
queries in respect of the information detailed should be directed to
the contact persons listed below.
At the date of the disposal transaction on 12 January 2009, the
number of Ordinary shares held by Barclays plc had fallen below the
reportable level.

Contact name:
Tracey Lago / Keith Hawkins - TMF Nominees Limited

Contact telephone number:
01582 439 279 / 276
                                                                                           ssuer is 
solely responsible for the content of this announcement.