Performance at Month End

HgCapital Trust plc

All information is at 31 May 2010 and unaudited.

Performance at month end with net income reinvested

                  One month    Three     One    Three      Five
                              months    year    years     years
                                                               
Net asset value     -1.4%      -1.9%    4.2%    28.6%    106.2%
                                                               
Share price         -4.1%      -4.5%    1.3%     1.2%     76.7%
                                                               
FTSE All-Share      -6.2%      -1.3%   22.9%   -12.8%     20.1%
Index                                                          

Sources: HgCapital, Standard & Poor's Micropal

At month end

Net asset value:*                                                      890.0p
                                                                             
Share price:                                                           800.0p
                                                                             
Discount                                                                10.1%
                                                                             
Total net assets:                                                     £276.8m
                                                                             
Net yield:                                                               3.1%
                                                                             
Gearing:                                                                 Nil%
                                                                             
Ordinary shares in issue:                                          31,103,915
                                                                             
* includes 5 months net revenue of 12.4p                                     

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

Unquoted investments were last revalued at 31 December 2009.

Sector                                                           Total Assets
                                                                             
                                                                            %
                                                                             
Technology & Media                                                       14.7
                                                                             
Industrials                                                               4.6
                                                                             
Consumer & Leisure                                                        5.9
                                                                             
Healthcare                                                               13.3
                                                                             
Services                                                                 11.0
                                                                             
Renewable Energy                                                          5.2
                                                                             
Other                                                                     6.6
                                                                             
Cash and other liquid assets                                             38.7
                                                                             
                                                                        100.0

Ten Largest Investments

Company                           Total Assets Sector                          
                                                                               
                                             %                                 
                                                                               
VISMA                                      9.9 Technology & Media              
                                                                               
Pulse Staffing                             8.6 Healthcare                      
                                                                               
Stepstone Solutions                        5.5 Services                        
                                                                               
Hg Renewable Energy                        5.2 Renewable Energy                
                                                                               
JLA                                        4.8 Services                        
                                                                               
Mondo Minerals Co-op                       3.8 Industrials                     
                                                                               
Midas (Goldshield)                         3.1 Healthcare                      
                                                                               
Sporting Index                             2.9 Consumer & Leisure              
                                                                               
Schleich                                   2.8 Consumer & Leisure              
                                                                               
SLV                                        2.5 Industrials                     
                                                                               
                                          49.1                                 
                                                                               

8 June 2010