Holding in Company

City of Oxford Geared Inc Tst PLC
19 September 2001

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

      Investec High Income Trust 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


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


5) Number of shares/amount of stock acquired

      919,613

6) Percentage of issued class

      5.3

7) Number of shares/amount of stock disposed



8) Percentage of issued class



9) Class of security
      Ordinary 5p shares


10) Date of transaction
      19 September 2001


11) Date company informed
      19 September 2001


12) Total holding following this notification
      919,613


13) Total percentage holding of issued class following this notification
      5.3


14) Any additional information
      Heather J Williams


15) Name of contact and telephone number for queries
      Heather Williams 020 7597 1843

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

      Heather J Williams

17) Date of notification:

19 September 2001