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 26 April 2013, the
unaudited net asset values per ordinary share, valued on a 'bid price' basis,
were:

Capital only: 3,161.02p
Including income: 3,178.34p


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

Date: 30 April 2013