Blocklisting Interim Review

Capital Gearing Trust PLC
30 April 2007


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 2006 to 29 April 2007

4.Number and class of share(s)          100,000 Ordinary Shares of 25p
 (amount of stock/debt security) not
 issued under scheme at end of the last
 period

5.Number of shares issued/allotted      Nil
 under scheme during period

6.Balance under scheme not yet issued   100,000 Ordinary Shares of 25p
 /allotted at end of period

7.Number and class of share(s)          116,000 Ordinary Shares of 25p listed
 (amount of stock/debt securities)      on 17 July 2002 and 83,412 Ordinary
 originally listed and date of          Shares of 25p listed on 18 November
 admission                              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 Ordinary Shares of 25p


Contact for queries                      Name:     Alice Parker

                                         Telephone:     [phone]

                                         Address:
                                         TMF Corporate Secretarial Services
                                         Limited
                                         400 Capability Green
                                         Luton
                                         Bedfordshire
                                         LU1 3AE



                                      END






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