Result of AGM

CAPITAL GEARING TRUST P.L.C.

To:                   PR Newswire

From:              Capital Gearing Trust P.l.c. (the “Company”)

Date:               7 July 2016

For immediate release

Result of Annual General Meeting

The Company announces that, at the Annual General Meeting held on 7 July 2016, all 13 resolutions proposed were duly passed.

The full text of the resolutions can be found in the Notice of Annual General Meeting set out in the Annual Report and Accounts for the year ended 5 April 2016, copies of which have been submitted to the National Storage Mechanism which is located at http://www.morningstar.co.uk/uk/NSM.

Details of proxy votes lodged before the meeting will be available shortly on the Company's website http://www.capitalgearingtrust.com/

In accordance with Listing Rule 9.6.2, copies of the special resolutions passed at the Annual General Meeting will shortly be available for inspection at the National Storage Mechanism which is located at http://www.hemscott.com/nsm.do.

All enquiries

Steven Cowie, Company Secretary

Email: [e-mail]