Holding(s) in Company

Capital Gearing Trust PLC 29 November 2004 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company CAPITAL GEARING TRUST PLC 2. Name of shareholder having a major interest SUFFOLK LIFE ANNUITIES 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 BENEFICIAL HOLDING OF SUFFOLK LIFE ANNUITIES LIMITED 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them SUFFOLK LIFE ANNUITIES LIMITED 5. Number of shares / amount of stock acquired - 6. Percentage of issued class - 7. Number of shares / amount of stock disposed 25,000 8. Percentage of issued class 0.9% 9. Class of security ORDINARY 25p SHARES 10. Date of transaction 23 NOVEMBER 2004 11. Date company informed 26 NOVEMBER 2004 12. Total holding following this notification 236,015 13. Total percentage holding of issued class following this notification 8.56% 14. Any additional information 15. Name of contact and telephone number for queries ANDREW KANE, ERNST & YOUNG COMPANY SECRETARIAL GROUP, TEL: 01582 643 272 16. Name and signature of authorised company official responsible for making this notification ANDREW KANE, ERNST & YOUNG COMPANY SECRETARIAL GROUP, TEL: 01582 643 272 Date of notification 29 NOVEMBER 2004. This information is provided by RNS The company news service from the London Stock Exchange
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