Top Ten Investments as at 30 June 2007

ABERFORTH GEARED CAPITAL & INCOME TRUST plc


The Board of Aberforth Geared Capital & Income Trust plc ("the Company") confirms that, as at 30 June 2007, the top ten
investments ranked by market value (based on bid prices) of the Company's total investable assets were as follows: -

Company                  Value (£) Weight %        Accumulated %
Greggs                   5,411,171      3.7%            3.7%
BSS Group                3,476,283      2.4%            6.1%
Shanks Group             3,438,263      2.3%            8.4%
Spirax-Sarco Engineering 3,435,688      2.3%            10.7%
RPC Group                3,420,000      2.3%            13.1%
Hampson Industries       3,363,750      2.3%            15.4%
Holidaybreak             3,316,810      2.3%            17.6%
Croda International      3,261,440      2.2%            19.8%
Brown (N.) Group         3,180,247      2.2%            22.0%
Interserve               3,087,500      2.1%            24.1%

Contact for enquiries
Gary Tait
Aberforth Partners LLP
0131 220 0733

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