Gartmore British Inc - Holding in Company

RNS Number:5922H
Gartmore British Inc & Gwth Tst PLC
20 March 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

GARTMORE BRITISH INCOME & GROWTH TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

EXETER ASSET MANAGEMENT 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

AS ABOVE

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

                                           NO               %
DARTMOOR INVESTMENT TRUST PLC         2,500,000            9.09
EXETER HIGH INCOME UNIT
TRUST                                 1,250,000
EXETER ENHANCED INCOME
FUND LTD                                650,000            2.36
                                      ---------            ----
                                      4,400,000           16.0%

5)   Number of shares/amount of stock acquired.

200,000

6)   (0.73 %) of issued Class


7)   Number of shares/amount of stock disposed

       -

8)   ( N/A %) of issued Class



9)   Class of security

INCOME SHARES OF 5P

10)  Date of transaction

17/3/00

11)  Date company informed

20/3/00

12)  Total holding following this notification

4,400,000          
              
13)  Total percentage holding of issued class following this notification

16.0%

14)  Any additional information

       -

15)  Name of contact and telephone number for queries

CHRIS KEELEY
0171 782 2389

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

     Date of Notification ....20/3/00....................

END

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