Guinness Flght Gd IG - Holding in Company

RNS Number:8428D
Guinness Flight Geared Income & Growth Trust Plc
14 January 2000


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:
Aberdeen Asset Managers

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 shareholder(s) in (2) above

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

5   Number of shares/amount of stock acquired:
Nil

6   Percentage of issued class:
Nil

7   Number of shares/amount of stock disposed:
1,100,000

8   Percentage of issued class:
2.5%

9   Class of security:
Geared Ordinary Shares

10  Date of transaction:
12 January 2000

11  Date company informed:
14 January 2000

12  Total holding following this notification:
2,287,893

13  Total percentage holding of issued class following this notification:
13.19%

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:
14 January 2000


Additional Information:
Guinness Flight Geared Income and Growth Trust
Ordinary Shares 5p


Ordinary Shares in Issue

Fund No  Fund Name           Current       Current    Registered Name
                             Holding          %

106210   Aberdeen Preferred  1,570,241      9.05%     Talbot Nominees Ltd
         Income Trust PLC                             Account 754850

10604    Danae Investment       82,498      0.48%     Talbot Nominees Ltd
         Trust PLC                                    Account 754900

106070   Jove Investment       201,052      1.16%     Talbot Nominees Ltd
         Trust PLC                                    Account 754800

262789   Leveraged Income      434,102      2.50%     HSBC Bank International
         Fund Limited        ---------                10980901                
                             2,287,893     13.19%

END

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