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

Capital only: 3,157.90p
Including income: 3,175.95p


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

Date: 14 May 2013