Annual Financial Report

CAPITAL GEARING TRUST plc (the "Company")

12 June 2012

REPORT AND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2012

In accordance with Listing Rule 9.6.1, copies of the Report and Accounts for
the year ended 5 April 2012, the Notice of the 2012 Annual General Meeting and
the related Form of Proxy, have been submitted to the National Storage
Mechanism and will shortly be available for inspection at:

www.hemscott.com/nsm.do

The Report and Accounts for the year ended 5 April 2012 and the Notice of the
2012 Annual General Meeting have also been posted to shareholders and are
available to view at:

http://www.capitalgearingtrust.com/pdf/2012AnnualReport.pdf

Disclaimer: Neither the contents of the Company's website nor the contents of
any website accessible from hyperlinks on the Company's website (or any other
website) is incorporated into, or forms part of, this announcement.


TMF Nominees Limited
Company Secretary
Tel. [phone]

END