Net Asset Value(s)

CAPITAL GEARING TRUST P.L.C (the "Company") Net Asset Value The Company announces that as at the close of business on 21 October 2011, the unaudited capital only net asset value per ordinary share, calculated on a `bid price' basis was: 2,795p Enquiries: Keith Hawkins, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 24 October 2011
UK 100

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