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 18 January 2013, the unaudited net asset values per ordinary share, valued on a 'bid price' basis, were: Capital only: 3,067.40p Including income: 3,087.85p Enquiries: Johana J. Woodruff, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 22 January 2013
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