Result of Meeting

ABERFORTH GEARED CAPITAL & INCOME TRUST PLC

RESULT OF GENERAL MEETING HELD ON 25 JULY 2011

General Meeting

Further to the proposals for the reconstruction and winding up of the Company
which were announced on 28 June 2011, at a general meeting of the Company's
shareholders held today, the special resolution approving the Proposals was
passed. A copy of this resolution will shortly be available for inspection via
the National Storage Mechanism.

It should be noted that the Scheme remains conditional on, amongst other
conditions, the passing of the special resolution to be proposed at the second
general meeting of the Company's shareholders convened for 9 August 2011 and
the approval by Aberforth Geared Income Trust plc shareholders of the relevant
resolutions at its general meeting on 25 July 2011. The Scheme will not become
effective unless these resolutions are passed.

Enquiries:

David Ross                             0131 220 0733                         
                                                                             
John Evans                                                                   
                                                                             
Alan Waite                                                                   
                                                                             
Aberforth Partners LLP                                                       
                                                                             
Douglas Armstrong                      020 7628 4455                         
                                                                             
Dickson Minto W.S.                                                           

Capitalised terms shall bear the meanings given to them in the Company's
Circular dated 28 June 2011 unless the context otherwise requires.