Net Asset Values

CAPITAL GEARING TRUST P.L.C. (the "Company")

Net Asset Values

The Company announces that as at the close of business on 11 January 2013, the
unaudited net asset values per ordinary share, valued on a 'bid price' 
basis, were:

Capital only: 3,037.93p
Including income: 3,058.25p


Enquiries:
Johana J. Woodruff, TMF Corporate Secretarial Services Limited
Email: [e-mail]

Date: 15 January 2013