Transaction in Own Shares

Capital Gearing Trust plc

To:                   PRNewswire

From:              Capital Gearing Trust plc

Date:               31 December 2015

TRANSACTION IN OWN SHARES

On 31 December 2015 Capital Gearing Trust plc (“the Company”) bought 2,250 of its own ordinary shares of 25p to be held in Treasury at a price of £32.68 each.

The Company’s issued share capital consists of 2,968,917 ordinary shares, of which 9,450 ordinary shares are held in Treasury. Therefore, the total number of shares with voting rights in Capital Gearing Trust plc is 2,959,467.

The above figure (2,959,467) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure and Transparency Rules.

Enquiries:

Steven Cowie

Company Secretary

0131 538 1400