Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company Aberforth Geared Capital & Income Trust plc 2) Name of shareholder having a major interest East Riding of Yorkshire Council 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 Notification is in respect of holding of the shareholder named in 2 above. 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them N/A 5) Number of shares/amount of stock acquired N/A 6) Percentage of issued class N/A 7) Number of shares/amount of stock disposed 50,000 8) Percentage of issued class 0.48% 9) Class of security Capital Shares of 1p 10) Date of transaction 23 October 2006 11) Date company informed 6 November 2006 12) Total holding following this notification 1,225,000 13) Total percentage holding of issued class following this notification 11.67% 14) Any additional information N/A 15) Name of contact and telephone number for queries Gary Tait - 0131 220 0733 16) Name and signature of authorised company official responsible for making this notification Gary Tait, for Aberforth Partners LLP, Secretaries. Date of notification - 6 November 2006
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