Performance at month end

HgCapital Trust plc

All information is at 31 March 2010 and unaudited.

Performance at month end with net income reinvested

                  One month    Three     One    Three      Five
                              months    year    years     years
                                                               
Net asset value       -0.2%     1.4%    5.6%    32.2%    110.6%
                                                               
Share price            1.5%     3.7%   28.7%    15.3%     91.3%
                                                               
FTSE All-Share         6.8%     6.4%   52.3%    -0.7%     41.3%
Index                                                          

Sources: HgCapital, Standard & Poor's Micropal

At month end

Net asset value:*                                                      925.0p
                                                                             
Share price:                                                           850.0p
                                                                             
Discount                                                                 8.1%
                                                                             
Total net assets:                                                     £233.0m
                                                                             
Net yield:                                                               2.9%
                                                                             
Gearing:                                                                 Nil%
                                                                             
Ordinary shares in issue:                                          25,186,755
                                                                             
* includes 3 months net revenue of 14.3p                                     

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                                                       17.8
                                                                             
Industrials                                                               5.8
                                                                             
Consumer & Leisure                                                        7.1
                                                                             
Healthcare                                                               16.2
                                                                             
Services                                                                  6.6
                                                                             
Renewable Energy                                                          5.1
                                                                             
Other                                                                     7.6
                                                                             
Cash and other liquid assets                                             33.8
                                                                             
                                                                        100.0

Ten Largest Investments

Company                           Total Assets Sector                          
                                                                               
                                             %                                 
                                                                               
VISMA                                     12.3 Technology & Media              
                                                                               
Pulse Staffing                            10.6 Healthcare                      
                                                                               
JLA                                        5.8 Services                        
                                                                               
HG Renewable Energy                        5.1 Renewable Energy                
                                                                               
Mondo Minerals Co-op                       4.6 Industrials                     
                                                                               
Midas EquityCo                             3.7 Healthcare                      
                                                                               
Sporting Index                             3.5 Consumer & Leisure              
                                                                               
Schleich                                   3.5 Consumer & Leisure              
                                                                               
SLV                                        3.1 Industrials                     
                                                                               
Americana                                  2.9 Consumer & Leisure              
                                                                               
                                          55.1                                 
                                                                               

09 April 2010