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 03 May 2013, the
unaudited net asset values per ordinary share, valued on a `bid price' 
basis, were:

Capital only: 3,153.80p
Including income: 3,171.60p


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

Date: 07 May 2013