SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1) Name of company
Gartmore Balanced Assets Trust PLC
2) Name of shareholder having a major interest
HSBC Global Custody Nominee (UK)Ltd
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
Framlington Health & Income Fund
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.
5) Number of shares/amount of stock acquired
6) Percentage of issued class
7) Number of shares/amount of stock disposed
8,066,387
8) Percentage of issued class
17.58%
9) Class of security
Ordinary 1p shares
10) Date of transaction
8 May 2003
11) Date company informed
9 May 2003
12) Total holding following this notification
NIL
13) Total percentage holding of issued class following this notification
NIL
14) Any additional information
15) Name of contact and telephone number for queries
Gurmit Harar
0207 782 2411
16) Name and signature of authorised company official responsible for
making this notification
Gartmore Investment Limited
Date of notification 12th May 2003