GLIF.L Regulatory News (GLIF)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

T2 Income Fund

2. Reason for the notification  (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights 

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): 

√

3. Full name of person(s) subject to the notification obligation:

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 9 for further information

4. Full name of shareholder(s) (if different from 3.):

Hermes Equity Ownership Services Limited 

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

20 October 2009

6. Date on which issuer notified:

21 October 2009

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights

Number of shares 

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

B0CL3P6 

GB00B0CL3P62

4,420,000

4,420,000

N/A

 4,420,000

N/A

5.080%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument 

Expiration date

Exercise/ Conversion Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

4,420,000

5.080%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited. Hermes Fund Managers Limited is the parent underaking of Hermes Equity Ownership Services Limited. 

Please see Section 13 for further information.

Proxy Voting:

10. Name of the proxy holder:

Hermes Equity Ownership Services Limited

11. Number of voting rights proxy holder will cease to hold:

See comment in section 13

12. Date on which proxy holder will cease to hold voting rights:

See comment in section 13

13. Additional information:

Hermes Equity Ownership Services Limited holds the voting rights under a standing proxy contained in agreements for the provision of voting services to various underlying clients for the purposes of DTR 5.2.1(h). 

This disclosure is made by BT Pension Scheme Trustees Limited, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).

14. Contact name:

Valerie Davidsn/Margeret Moss

15. Contact telephone number:

020 7680 2177/020 7680 2125