Net Asset Value

CAPITAL GEARING TRUST P.L.C (the "Company") Net Asset Value The Company announces that as at the close of business on 18 November 2011, the unaudited capital only net asset value per ordinary share, valued on a `bid price' basis, was 2,815.08p Enquiries: Keith Hawkins, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 22 November 2011
UK 100

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