Blocklisting Interim Review

Capital Gearing Trust PLC
28 April 2006


BLOCKLISTING SIX MONTHLY REVIEW



1. NAME OF COMPANY:      CAPITAL GEARING TRUST PLC


2. NAME OF SCHEME:       SHARES ISSUED BY AN INVESTMENT TRUST



3. PERIOD OF RETURN:     FROM: 29 OCTOBER 2005 TO: 28 APRIL 2006




4. NUMBER AND CLASS OF SHARES(S)
   (AMOUNT OF STOCK/DEBT SECURITY)         16,588 ORDINARY 25P
   NOT ISSUED UNDER SCHEME
   AT END OF THE LAST PERIOD:





5. NUMBER OF SHARES ISSUED/ALLOTTED
   UNDER SCHEME DURING PERIOD:                   0 ORDINARY 25P







6. BALANCE UNDER SCHEME NOT YET ISSUED/ALLOTTED
   AT END OF PERIOD:                               100,000 ORDINARY 25P







7. NUMBER AND CLASS OF SHARE(S)
   (AMOUNT OF STOCK/DEBT SECURITIES)
   ORIGINALLY LISTED AND THE DATE OF ADMISSION:



116,000 ORDINARY 25P LISTED 17 July 2002 and 83,412 ORDINARY 25p LISTED 
18TH November 2005





PLEASE CONFIRM TOTAL NUMBER OF SHARES IN ISSUE AT THE END OF THE PERIOD

IN ORDER FOR US TO UPDATE OUR RECORDS.

                                           2,794,906



CONTACT FOR QUERIES ERNST & YOUNG LLP

                    400 CAPABILITY GREEN
                    LUTON
                    BEDFORDSHIRE
                    LU1 3LU



NAME:       KEITH HAWKINS
TELEPHONE:  [phone]






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