RNS Number:7772R
Geared Opportunities Income Tst PLC
06 November 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Geared Opportunities Income Trust plc

2. Name of shareholder having a major interest

Aberdeen Asset Management 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 2

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

State Street Nominees Ltd XCC4 - 1,150,000
State Street Nominees Ltd XCD7 - 3,034,160
State Street Nominees Ltd XCC8 - 5,000,000
HSBC Bank International 11559301 - 1,390,000
BNY (OCS) Nominees Ltd 219661 - 1,655,000

5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary

10. Date of transaction

24/10/03

11. Date company informed

06/11/03

12. Total holding following this notification

12,229,160

13. Total percentage holding of issued class following this notification

22.77

14. Any additional information

Increase in interest due to Aberdeen Asset Management's acquisition of Edinburgh
Fund Managers Group plc on 24/10/03

15. Name of contact and telephone number for queries

Andrew Nicholson 0131 465 1071

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

Gary Fraser, Company Secretary

Date of notification

06/11/03

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