Compliance with Model Code

Capital Gearing Trust plc (“the Company”)

To:                   PR Newswire

From:              Capital Gearing Trust P.l.c.

Date:               6 April 2016

Compliance with Model Code

Listing Rule 15.5.1 (4)

In accordance with Listing Rule 15.5.1 (4), the Company announces that it is satisfied that all inside information which the Directors and the Company may have to 5 April 2016 has previously been notified via a regulatory information service and, therefore, the dealings referred to in LR 15.5.1 (3) are permitted.

Steven Cowie

Company Secretary

Email: [e-mail]