Second Interim Dividend

GUINNESS FLIGHT GEARED INCOME & GROWTH TRUST PLC
19 July 1999

2ND INTERIM DIVIDEND
COMPANY NAME
*GUINNESS FLIGHT GEARED INCOME & GROWTH TRUST PLC
SECURITY TITLE
*Geared Ord Shs, Inc Shs
MNEMONIC CODE       *GFG, GFGI
SEDOL CODE          *435-389, 435-378
DIVIDEND AMOUNT     *3.31p, 2.3725p
PERIOD              *Period ending 31-03-00
PROVISIONAL EX DATE *26-07-99
RECORD DATE         *30-07-99
PAYMENT DATE        *12-08-99
DIV/SCRIP OPTION    *Info n/av
NOTES               *