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Yeoman Inv.Tst.Plc (YMNI)

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Wednesday 07 February, 2001

Yeoman Inv.Tst.Plc

Holding in Company

Yeoman Investment Trust PLC
7 February 2001


YEOMAN INVESTMENT TRUST PLC

The Company has today been informed that Geared Income Investment Trust plc
purchased 1,650,000 Equity Units, each comprising of one Income 10p share and
one Capital 1p share, on 6 February 2001.

Following this transaction, Geared Income Investment Trust plc is now deemed
to have an interest in 10,106,098 Income shares representing 9.83% of the
issued class of capital.

Following this transaction, Geared Income Investment Trust plc is now deemed
to have an interest in 7,681,098 Capital shares representing 3.97% of the
issued class of capital.

The shares are held in the name of HSBC Global Custody Nominees Ltd, account
designation 863147.



7 February 2001