RNS Number:8187N
Geared Opportunities Income Tst PLC
28 November 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

GEARED OPPORTUNITIES INCOME TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

THE MEDIA & INCOME 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 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 FOR XCD7

5)   Number of shares/amount of stock acquired.

4,100,000

6)   (7.63%) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( N/A %) of issued Class

-

9)   Class of security

ORDINARY SHARES

10)  Date of transaction

26/11/01

11)  Date company informed

27/11/01

12)  Total holding following this notification

4,600,000
               
13)  Total percentage holding of issued class following this notification

8.56%

14)  Any additional information

ABERDEEN ASSET MANAGEMENT     29.68% (SWAP BETWEEN FUNDS)

15)  Name of contact and telephone number for queries

GARY FRASER    0131 465 1016

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

     Date of Notification ..28 NOVEMBER 2001...............


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

GEARED OPPORTUNITIES INCOME TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

REAL ESTATE OPPORTUNITIES 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 2

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

HSBC BANK INTERNATIONAL LIMITED     17091101

5)   Number of shares/amount of stock acquired.

-

6)   ( N/A %) of issued Class

-

7)   Number of shares/amount of stock disposed

4,100,000

8)   (7.63%) of issued Class

9)   Class of security

ORDINARY SHARES

10)  Date of transaction

26/11/01

11)  Date company informed

27/11/01

12)  Total holding following this notification

1,987,000
               
13)  Total percentage holding of issued class following this notification

3.70%

14)  Any additional information

ABERDEEN ASSET MANAGEMENT   29.68% (SWAP BETWEEN FUNDS)

15)  Name of contact and telephone number for queries

GARY FRASER    0131 465 1016

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

     Date of Notification ..28 NOVEMBER 2001..............




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