Result of AGM

ABERFORTH GEARED CAPITAL & INCOME TRUST plc


ANNUAL GENERAL MEETING HELD ON 3 MARCH 2010

The Board of Aberforth Geared Capital & Income Trust plc ("AGCiT") hereby report that
all  the resolutions proposed at the Annual General Meeting held on 3 March 2010
were  passed  by  Shareholders on a show of hands. A total of  13,808,683  proxy
votes  were  received,  representing 39.5% of the  35,000,000  shares  in  issue
(24,500,000 Income Shares and 10,500,000 Capital Shares), in respect of the five
resolutions  at  the meeting. Of the proxy votes cast for or  against  the  five
resolutions proposed at the Annual General Meeting over 99% were cast in  favour
of  such  resolutions or were left to the discretion of the Chairman  and  would
have been cast in favour of such resolutions by the Chairman.

The table below shows the result of the proxy voting:

Resolut    Votes in    Votes    Votes    Votes     Votes   Total proxy
    ion      favour      (at      (at  against  withheld         votes
                     Chairma  Represe
                         n's  ntative
                     discret        s
                        ion)  discret
                                 ion)
1        13,808,683        -       -         -        -     13,808,683
2        13,805,683        -        -       -     3,000     13,808,683
3        13,802,083        -       -     6,600        -     13,808,683
4        13,808,683        -        -       -         -      13,808,683
5        13,798,683        -        -       -    10,000     13,808,683

Copies  of  the resolutions passed by Shareholders of the Company  have  been
submitted  to  the  UK Listing Authority and will shortly  be  available  for
inspection at its Document Viewing Facility which is situated at:
Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS

CONTACT:  Gary Tait,  Aberforth Partners LLP, 0131 220 0733

Aberforth Partners LLP, Secretaries - 4 March 2010


ANNOUNCEMENT ENDS