Performance at month end

HgCapital Trust plc

All information is at 31 May 2007 and unaudited.

Performance at month end with net income reinvested

                  One   Three     One      Three Five years
                month  months    year      years           
                                                           
Net asset        0.6%    4.3%   21.5%     107.7%     125.5%
value                                                      
                                                           
Share price      0.0%   16.7%   37.8%     170.4%     211.5%
                                                           
FTSE All-Share   2.8%    8.9%   21.7%      72.0%      78.8%
Index                                                      

Sources: HgCapital, Standard & Poor's Micropal

At month end

Net asset value:*                                                     764.53p
                                                                             
Share price:                                                          865.00p
                                                                             
Premium                                                                 13.1%
                                                                             
Total assets:                                                         £192.6m
                                                                             
Net yield:                                                               1.6%
                                                                             
Gearing:                                                                 Nil%
                                                                             
Ordinary shares in issue:                                          25,186,755
                                                                             
* includes 5 months net revenue of                                           
13.48p.                                                                      

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 2006.

The NAV excludes the impact of the sale of Doc Morris which is expected to
close at the beginning of June, an uplift of approximately 12.7p per share.

Sector                                                           Total Assets
                                                                             
                                                                            %
                                                                             
Technology & Media                                                       30.2
                                                                             
Industrials                                                              15.7
                                                                             
Consumer & Leisure                                                       12.1
                                                                             
Healthcare                                                                8.6
                                                                             
Services                                                                  4.0
                                                                             
Renewable Energy                                                          1.4
                                                                             
Other                                                                     0.9
                                                                             
Fixed Interest                                                           24.0
                                                                             
Net Current assets                                                        2.9
                                                                             
Cash                                                                      0.2
                                                                             
                                                                        100.0

Ten Largest Investments

Company                   Total Assets Sector                                  
                                                                               
                                     %                                         
                                                                               
VISMA                              6.5 Technology & Media                      
                                                                               
Schenck                            6.1 Industrials                             
                                                                               
Paragon                            5.6 Healthcare                              
                                                                               
Elite                              4.9 Technology & Media                      
                                                                               
Surrey 1                           3.9 Services                                
                                                                               
WET Automotive                     3.5 Industrials                             
                                                                               
Xtx                                3.5 Technology & Media                      
                                                                               
Addison                            3.4 Technology & Media                      
                                                                               
Sanctuary Spa                      3.2 Consumer & Leisure                      
                                                                               
FTSA                               3.1 Industrials                             
                                                                               
                                  43.7                                         

8 June 2007