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Henderson Geared (HGR)

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Thursday 29 November, 2001

Henderson Geared

Holding in Company

Henderson Geared Inc & Gwth Tst PLC
29 November 2001


                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

HENDERSON GEARED INCOME & GROWTH TRUST PLC

2) Name of shareholder having a major interest

MERCHANT INVESTORS ASSURANCE COMPANY 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

AS 2 ABOVE

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

THE BANK OF NEW YORK (NOMINEES) LIMITED

5) Number of shares/amount of stock acquired

1,600,000

6) Percentage of issued class

6.47%

7) Number of shares/amount of stock disposed

-

8) Percentage of issued class

-

9) Class of security

INCOME ORDINARY SHARES OF 10P EACH

10) Date of transaction

12 OCTOBER 2001

11) Date company informed

29 NOVEMBER 2001

12) Total holding following this notification

2,600,000

13) Total percentage holding of issued class following this notification

10.51%

14) Any additional information



15) Name of contact and telephone number for queries

MS D J TRICKETT - 020 7818 4576

16) Name and signature of authorised company official responsible for
making this notification
MS D J TRICKETT, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED,
SECRETARY
Date of notification 29 NOVEMBER 2001




                                                                                
                                                         

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