Performance at month end

HG Capital Trust PLC
10 October 2005


HgCapital Trust

All information is at 30 September 2005 and unaudited.

Performance at month end with net income reinvested

                                         One month       Three months            One       Three years       Five years
                                                                                year
Net asset value                               0.6%               2.7%          40.1%             79.9%            54.2%
Share price                                   5.2%              11.5%          61.7%            170.2%            84.0%
FTSE All-Share Index                          3.4%               8.1%          24.7%             45.7%            -1.2%


Sources: HgCapital, Standard & Poor's Micropal
At month end
Net asset value:*                             581.30p
Share price:                                  596.50p
Premium:                                      2.6%
Total assets:                                 £143.3m
Net yield:                                    1.3%
Gearing:                                      Nil%
Ordinary shares in issue:                     25,186,755

* includes current year net revenue of 12.26p

The NAV is recalculated monthly with respect to cash, cash equivalents and
quoted investments in the portfolio.
Unquoted investments were last revalued at 30 June 2005.
Sector                                                          Total Assets

                                                                           %

Technology                                                              23.5
Healthcare                                                              10.6
Media                                                                   11.4
Leisure                                                                  9.9
Industrials                                                              7.1
Consumer                                                                 3.1
Other                                                                    2.2
Renewable Energy                                                         0.7
Fixed Interest                                                          26.8
Net Current Assets                                                       2.3
Cash                                                                     2.4
                                                                       -----

                                                                       100.0

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Ten Largest Investments

Company                                                         Total Assets Sector

                                                                           %

Xtx                                                                      7.9 Technology
WET Automotive                                                           4.7 Industrials
Blue Minerva                                                             4.6 Technology
Travelsphere                                                             4.5 Leisure
Classic Copyright                                                        4.2 Media
Elite                                                                    4.1 Technology
Sanctuary Spa                                                            3.9 Leisure
Eagle Rock                                                               3.7 Media
Clarion Events                                                           3.5 Media
Addison                                                                  3.3 Technology

                                                                      ------
                                                                        44.4

                                                                     -------

10 October 2005


                      This information is provided by RNS
            The company news service from the London Stock Exchange