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 11 May 2012, the unaudited net asset values per ordinary share, valued on a `bid price' basis, were: Capital only - 2,871.87p Including income - 2,894.62p Enquiries: Keith Hawkins, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 15 May 2012
UK 100

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