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

Capital only: 3,090.56p
Including income: 3,095.39p

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

Date: 11 October 2013