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Leggmason Iv I&G Tst (LIG)

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Thursday 15 February, 2001

Leggmason Iv I&G Tst

Holding in Company

Leggmason Inv Inc & Grwth Tst PLC
15 February 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

LeggMason Investors Income & Growth Trust plc


2) Name of shareholder having a major interest

HSBC Global Custody Nominees A/c 863147

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


Geared Income Investment Trust plc


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

N/A

5) Number of shares/amount of stock acquired

1,000,000

6) Percentage of issued class

1.28%

7) Number of shares/amount of stock disposed

N/A

8) Percentage of issued class

N/A


9) Class of security

Ordinary shares of 25p each

10) Date of transaction

N/A

11) Date company informed

15 February 2001

12) Total holding following this notification

5,450,000


13) Total percentage holding of issued class following this notification

6.99%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

Susan Venables - Tel: 0207 477 5971

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

Date of notification 15 February 2001