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 7 December 2012, the unaudited net asset values per ordinary share, valued on a 'bid price' basis, were: Capital only: 3,019.68p Including income: 3,038.57p Enquiries: Johana J. Woodruff, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 11 December 2012
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