Net Asset Values

CAPITAL GEARING TRUST P.L.C (the "Company") Net Asset Values The Company announces that as at the close of business on 20 April 2012, the unaudited net asset values per ordinary share, valued on a `bid price' basis, were: Capital only - 2,868.27p Including income - 2,886.03p Enquiries: Keith Hawkins, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 24 April 2012
UK 100

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