Guinness Flght Gd IG - Holding in Company

RNS Number:7492A
Guinness Flight Geared Inc&Gwth Tst
12 November 1999



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Guinness Flight Geared Income & Growth Trust PLC

2   Name of shareholder having a major interest:
GARTMORE INVESTMENT LIMITED

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:
In respect of Gartmore Shared Equity Trust plc

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Remaining holdings:  
BNY GIL CLT A/C NOMS Ltd A/C SEQT

5   Number of shares/amount of stock acquired:
150,000

6   Percentage of issued class:
0.865

7   Number of shares/amount of stock disposed:
Nil

8   Percentage of issued class:
Nil

9   Class of security:
5p Geared Ordinary Shares

10  Date of transaction:
8 November 1999

11  Date company informed:
11 November 1999

12  Total holding following this notification:
750,000

13  Total percentage holding of issued class following this notification:
4.323

14  Contact name for queries:
Christopher Wise

15 Contact telephone number:
0171 597 1843

16  Name of company official responsible for making notification:
Christopher Wise

17  Date of notification:
12 November 1999





Additional Information:
Notification is solely in respect of the beneficial interest of Gartmore
Shared Equity Trust, which was previously notified under the overall
notification of National Westminster Bank PLC, who have advised the Company
that they no longer have a separately notifiable interest.

END

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