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 23 December 2014, the unaudited net asset values per ordinary share, valued on a 'bid price' basis, were: Capital only: 3,179p Including income: 3,192p Enquiries: Katherine Manson, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 24 December 2014
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