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 16 May 2014, the unaudited net asset values per ordinary share, valued on a 'bid price' basis, were: Capital only: 3,103.34p Including income: 3,123.50p Enquiries: Katherine Manson, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 20 May 2014
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