Net Asset Value

CAPITAL GEARING TRUST P.L.C. (the "Company") Net Asset Values The Company announces that, as at the close of business on 11 November 2014, the unaudited net asset values per ordinary share, valued on a 'bid price' basis, were: Capital only: 3,164p Including income: 3,173p Enquiries: Katherine Manson, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 12 November 2014
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