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Exeter Equity Growth (EXF)

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Monday 28 October, 2002

Exeter Equity Growth

Holding(s) in Company

Exeter Equity Growth & Income Fd Ld
28 October 2002


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company
Exeter Equity Growth & Income Fund Ord Shs

2)   Name of shareholder having a major interest
LeggMason Investors Income & Growth Trust 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
HSBC Global Custody Nominees (UK) Ltd A/c 873773


5)   Number of shares/amount of stock acquired
Nil


6)   Percentage of issued class
Nil


7)   Number of shares/amount of stock disposed
2,000,000


8)   Percentage of issued class
6.67%


9)   Class of security
Ordinary


10)  Date of transaction
23/10/2002


11)  Date company informed
24/10/2002


12)  Total holding following this notification
0.00



13)  Total percentage holding of issued class following this notification
0.00%


14)  Any additional information
No


15)  Name of contact and telephone number for queries
Graham Taylor 01481 710607


16)  Date of notification:
28/10/2002


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