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Johnson Fry Inc&Grth (LIG)

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Monday 17 April, 2000

Johnson Fry Inc&Grth

Substantial Shareholding

Johnson Fry Income & Growth Trust PLC
17 April 2000

The Company has today been notified that Geared Income Investment Trust plc
now has an interest in 5,000,000 ordinary shares of 25p each, representing
6.41% of the issued share capital.