Holding(s) in Company

Capital Gearing Trust PLC
15 March 2007




NOTIFICATION OF MAJOR INTERESTS IN SHARES

Capital Gearing Trust plc

On 14 March 2007, Capital Gearing Trust plc (the 'Company') was notified that 
in accordance with the Transparency Directive DTR 5.2.1(F) disclosure 
thresholds, Smith & Williamson Holdings Limited holds 231,125 ordinary shares 
in the Company, as follows:

Smith & Williamson Nominees Limited holds 230,311 ordinary shares
Glencairn Nominees Limited holds 814 ordinary shares

This represents in total 8.27 % of the shares in issue.

Smith & Williamson Holdings Limited has made this disclosure on behalf of 
Smith & Williamson Nominees Limited and Glencairn Nominees Limited, 
both subsidiaries of Smith & Williamson Holdings Limited.


Name of contact and telephone number for queries

Alice Parker
Tel: [phone]
TMF Corporate Secretarial Services Limited

Date of notification

15 March 2007










                      This information is provided by RNS
            The company news service from the London Stock Exchange