Notification Major Interest

Glasgow Income Trust PLC
21 December 2006


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company: Glasgow Income Trust plc

2) Name of shareholder having a major interest: Barclays 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

BARCLAYS BANK TRUST COMPANY LTD                      9,482
BARCLAYS GLOBAL INVESTORS LTD                      950,000
GERRARD LTD                                      2,960,761

                                                 3,920,243



5) Number of shares/amount of stock acquired: NOT DISCLOSED

6) Percentage of issued class: NOT DISCLOSED

7) Number of shares/amount of stock disposed

8) Percentage of issued class

9) Class of security: Ordinary 25p shares

10) Date of transaction: NOT DISCLOSED

11) Date company informed: 20 December 2006

12) Total holding following this notification: 3,920,243

13) Total percentage holding of issued class following this notification: 3.31%

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: 21 December 2006




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