Performance at month end

HgCapital Trust plc

All information is at 31 August 2008 and unaudited.

Performance at month end with net income reinvested

                      One   Three One year     Three Five years
                    month  months              years           
                                                               
Net asset value     1.4%     3.8%    28.0%     93.2%     224.5%
                                                               
Share price          5.3%    0.8%     6.9%     68.3%     297.5%
                                                               
FTSE All-Share       1.9%   -8.7%   -11.4%     15.7%      59.1%
Index                                                          

Sources: HgCapital, Standard & Poor's Micropal

At month end

Net asset value:*                            1,052.63p                     
                                                                           
Share price:                                   897.50p                     
                                                                           
Discount                                         14.7%                     
                                                                           
Total assets:                                  £265.1m                     
                                                                           
Net yield:                                        2.8%                     
                                                                           
Gearing:                                          Nil%                     
                                                                           
Ordinary shares in issue:                   25,186,755                     
                                                                           
* includes 8 months net revenue of 38.69p and is after                     
providing for the                                                          
                                                                           
carried interest.                                                          

The NAV is recalculated monthly with respect to cash, cash equivalents and
quoted investments in the portfolio.

Unquoted investments were last revalued at 30 June 2008.

Sector                                                           Total Assets
                                                                             
                                                                            %
                                                                             
Technology & Media                                                       14.8
                                                                             
Industrials                                                              10.4
                                                                             
Consumer & Leisure                                                        8.6
                                                                             
Healthcare                                                                9.5
                                                                             
Services                                                                 10.9
                                                                             
Renewable Energy                                                          1.5
                                                                             
Other                                                                     0.7
                                                                             
Fixed Interest                                                           38.0
                                                                             
Net current assets                                                        4.6
                                                                             
Cash                                                                      1.0
                                                                             
                                                                        100.0

Ten Largest Investments

Company                           Total Assets Sector                          
                                                                               
                                             %                                 
                                                                               
VISMA                                      6.2 Technology & Media              
                                                                               
Addison                                    4.3 Technology & Media              
                                                                               
Casa Reha                                  3.3 Healthcare                      
                                                                               
Voyage Healthcare                          3.3 Healthcare                      
                                                                               
BMFCO UA t/a Fabory                        3.2 Services                        
                                                                               
Atlas t/a Atlas Interactive                3.1 Services                        
                                                                               
Mondo Minerals Co-op                       3.1 Industrials                     
                                                                               
Sporting Index                             2.7 Consumer & Leisure              
                                                                               
SLV Electronic                             2.7 Industrials                     
                                                                               
Pulse Staffing                             2.6 Services                        
                                                                               
                                          34.5                                 

10 September 2008