Holding in Company

City of Oxford Geared Inc Tst PLC
24 October 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
The City of Oxford Geared Income Trust Plc

2   Name of shareholder having a major interest:
Morley Fund Management Limited/CGNU Plc

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:
In respect of clients of the shareholder in (2) above, which include certain
subsidiaries of CGNU plc

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

5   Number of shares/amount of stock acquired:
Nil

6   Percentage of issued class:
Nil

7   Number of shares/amount of stock disposed:
500,000

8   Percentage of issued class:
2.88

9   Class of security:
5p Geared Ordinary Shares

10  Date of transaction:
Not disclosed

11  Date company informed:
24 October 2000

12  Total holding following this notification:
2,700,000

13  Total percentage holding of issued class following this notification:
15.56

14  Contact name for queries:
Christopher Wise

15 Contact telephone number:
020 7597 1843

16  Name of company official responsible for making notification:
Christopher Wise

17  Date of notification:
24 October 2000


Additional Information: