Given the prevalence of large language models (LLMs) and the prohibitive cost of training these models from scratch, dynamically forgetting specific knowledge e.g., private or proprietary, without retraining the model has become an important capability. This paper proposes a novel method to achieve this objective called UNLEARN. The approach builds upon subspace methods to identify and specifically target the removal of knowledge without adversely affecting other knowledge in the LLM. Results demonstrate 96% of targeted knowledge can be forgotten while maintaining performance on other knowledge within 2.5% of the original model, significantly outperforming the discriminatory abilities of the previous state-of-the-art. A dual method called LEARN is also proposed for targeted knowledge addition. Results show LEARN can match the fine-tuning accuracy of Low-Rank Adaptation (LoRA) without adversely affecting similar tasks.