T2 Income Fund Limited
30 August 2007


TR-1:   NOTIFICATION OF MAJOR INTERESTS IN SHARES 

1. Identity of the issuer or the underlying issuer of existing   T2 Income Fund LD
shares to which voting rights are attached:
                                                                 Ord NPV

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                                            Yes

Other (please specify):                                                                      

3. Full name of person(s) subject to the notification            Artemis Investment Management Ltd
obligation:

4. Full name of shareholder(s) (if different from 3.):           Charities Pool (COL)
                                                                 City of London Pension
                                                                 MY Income Fund
                                                                 SAUL
                                                                 BHS Pension Scheme
                                                                 City of London Cash
                                                                 Artemis High Income
                                                                 BHS Senior Management Scheme
                                                                 Hampstead Heath (COL)

5. Date of the transaction (and date on which the threshold is   14th August
crossed or reached if different)(i):

6. Date on which issuer notified:                                29th August

7. Threshold(s) that is/are crossed or reached:                  18%

8. Notified details:


A: Voting rights attached to shares
Class/type of     Situation previous to  Resulting situation after the triggering transaction
shares            the Triggering
                  transaction
 if possible      Number of   Number of  Number of     Number of voting rights   % of voting rights
using the ISIN    Shares      Voting     shares
CODE                          Rights     Direct        Direct       Indirect     Direct       Indirect


  GB00B0CL3P62     7,330,322  7,330,322    7,330,322    7,330,322                   17.05%


B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument           xiii            Period/ Date xiv          that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.



Total (A+B)
Number of voting rights                            % of voting rights

7,330,322                                              17.05%


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



Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:


14. Contact name:                                Karen Paine
15. Contact telephone number:                    0131 718 0414



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