Holding(s) in Company

Glasgow Income Trust PLC
25 January 2007


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company: Glasgow Income Trust plc

2) Name of shareholder having a major interest: Prudential 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: as above

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

NORTRUST NOMINEE LTD A/C CR101      7,000,000
NORTRUST NOMINEE LTD A/C MKH01        483,870
NORTRUST NOMINEE LTD A/C MHF01            584
                                    7,484,454


5) Number of shares/amount of stock acquired: N/A - TRANSPARENCY DIRECTIVE
DISCLOSURE

6) Percentage of issued class: NOT APPLICABLE

7) Number of shares/amount of stock disposed: NOT APPLICABLE

8) Percentage of issued class: NOT APPLICABLE

9) Class of security: Ordinary 25p shares

10) Date of transaction: 20 January 2007

11) Date company informed: 22 January 2007

12) Total holding following this notification: 7,484,454

13) Total percentage holding of issued class following this notification: 6.32%

14) Any additional information

15) Name of contact and telephone number for queries: Sonia Paterson - 0141 572
2700

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


Date of notification: 25 January 2007




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