Guinness Flght Gd IG - Holding in Company

RNS Number:1723M
Guinness Flight Geared Inc&Gwth Tst
13 June 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:
Morley Fund Management Limited/CGU 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:
In respect of clients of the shareholder in (2) above, which include certain
subsidiaries of CGU plc

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

5   Number of shares/amount of stock acquired:
Nil

6   Percentage of issued class:
Nil

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:
Not applicable

11  Date company informed:
13 June 2000

12  Total holding following this notification:
3,465,000

13  Total percentage holding of issued class following this notification:
19.971

14  Contact name for queries:
Christopher Wise

15 Contact telephone number:
020 7597 1843

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

17  Date of notification:
13 June 2000


Additional Information:
Notification issued by Morley Fund Management Limited "further to an internal
transfer of 35,000 shares on 9th June 2000 from a "non-material" fund to a
"material" fund".

END

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