Availability of Half-yearly Report

CAPITAL GEARING TRUST P.l.c. (the "Company")

AVAILABILITY OF HALF-YEAR FINANCIAL REPORT FOR THE SIX MONTHS ENDED 5 OCTOBER 2014

The Half-Year Financial Report of the Company for the six months ended 5 October 2014 
(the "Half-Year Financial Report") has been posted to shareholders today.

A copy of the Half-Year Financial Report has been submitted to the National
Storage Mechanism and will be available for inspection at: 
http://www.morningstar.co.uk/uk/NSM

The Half-Year Financial Report is also available to view at: 
http://www.capitalgearingtrust.com/financial-statements

Disclaimer: Neither the contents of the Company's website nor the contents of
any website accessible from hyperlinks on the Company's website (or any other
website) is incorporated into, or forms part of, this announcement.

TMF Nominees Limited
Company Secretary
Tel. [phone]