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

Capital only: 3,182.40p
Including income: 3,202.05p



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

Date: 16 April 2013