Dividend Notification

Capital Gearing Trust PLC
5 June 2000

FINAL DIVIDEND
SECURITY TITLE
*Ord Shs.
MNEMONIC CODE           *CGT
SEDOL CODE              *173-861
DIVIDEND AMOUNT         *7p
PROVISIONAL EX DATE     *12-06-00
RECORD DATE             *16-06-00
PAYMENT DATE            *05-07-00
NOTES *