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

Capital only: 3,081.13p
Including income: 3,086.90p

Enquiries:
Johana J. Woodruff, TMF Corporate Secretarial Services Limited
Email: [e-mail]
Date: 01 October 2013