Holding(s) in Company

TR 1 - NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.Identity of the issuer  or  the     Aberforth Geared Capital &
underlying  issuer  of   existing               Income Trust plc
shares to which voting rights are
attached:

2. Reason for the notification:

An  acquisition  or  disposal  of
voting rights

An  acquisition  or  disposal  of
financial  instruments which  may
result  in  the  acquisition   of
shares  already issued  to  which
voting rights are attached

An  event  changing the breakdown
of voting rights

Other (please specify):                                             X
Initial    notification     under
Transparency Directive
3. Full name of person(s) subject            Lloyds Banking Group plc
to the notification obligation

4.  Full  name  of shareholder(s)                       see section 9
(if different from 3.):

5.  Date of the transaction  (and                                 N/A
date  on  which the threshold  is
crossed or reached if different):

6. Date on which issuer notified:                     30 January 2009

7.   Threshold(s)   that   is/are                                  7%
crossed or reached:

8. Notified details:



A: Voting rights attached to shares

Class/typ Situation previous       Resulting situation after the
     e of  to the Triggering           triggering transaction
   shares     transaction

       if
 possible
using the
ISIN CODE

           Number     Number   Number    Number of      % of voting
             of         of       of    voting rights      rights
           Shares     Voting   Shares
                      Rights

                                       Direct  Indirect Direct   Indirect


Income       N/A       N/A       Nil    Nil    1,750,000  Nil     7.14%
Shares
GB0031100034


Capital      N/A       N/A       14      14    787,507    N/A     7.50%
Shares
GB0031100141




B: Financial Instruments

Resulting situation after the triggering transaction

Type of   Expirat  Exercise/   Number of voting       %  of voting
financial ion      Conversion  rights that may be     rights
instrumen date     Period/     acquired if the
t                  Date        instrument is
                               exercised/ converted.

n/a       n/a      n/a         n/a                    n/a



Total (A+B)

Number of voting rights      % of voting rights

2,537,521                    7.25%



9.  Chain  of  controlled undertakings through  which  the  voting
rights  and/or the financial instruments are effectively held,  if
applicable


2,500,000  Shares  (750,000 Capital Shares  and  1,750,000  Income
Shares) (7.14%) are held by State Street Nominees Ltd. Shares  are
under the control of Scottish Widows Investment Partnership Ltd, a
wholly  owned  subsidiary of Scottish Widows Group Ltd,  a  wholly
owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary
of Lloyds Banking Group plc (Indirect Interests).




Proxy Voting:

10. Name of the proxy holder:                                  n/a

11.  Number  of  voting  rights  proxy                         n/a
holder will cease to hold:

12.  Date  on which proxy holder  will                         n/a
cease to hold voting rights:

13. Additional information:                 Percentage calculation
                                          based on total number of
                                                  voting rights of
                                        35,000,000. (Income Shares
                                         of 24,500,000 and Capital
                                            Shares of 10,500,000).

14. Contact name:                             Gary Tait, Aberforth
                                         Partners LLP, Secretaries

15. Contact telephone number                         0131-220-0733