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Henderson Geared (HGR)

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Friday 21 June, 2002

Henderson Geared

Holding(s) in Company

Henderson Geared Inc & Gwth Tst PLC
21 June 2002

                                  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

NOT NOTIFIED


6) Percentage of issued class

NOT NOTIFIED

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

NOT NOTIFIED

11) Date company informed

21 JUNE 2002

12) Total holding following this notification

2,900,000

13) Total percentage holding of issued class following this notification

11.72%

14) Any additional information


15) Name of contact and telephone number for queries

MRS K M BURWOOD - 020 7818 2966

16) Name and signature of authorised company official responsible for
making this notification

MRS K M BURWOOD, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED,
SECRETARY

Date of notification 21 JUNE 2002


                      This information is provided by RNS
            The company news service from the London Stock Exchange
                                                                                                  

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