Blocklisting Interim Review

Capital Gearing Trust PLC
28 October 2005



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 APRIL 2005 TO: 28 OCTOBER 2005


4. NUMBER AND CLASS OF SHARES(S)
   (AMOUNT OF STOCK/DEBT SECURITY)         56,588 ORDINARY 25P
   NOT ISSUED UNDER SCHEME
   AT END OF THE LAST PERIOD:




5. NUMBER OF SHARES ISSUED/ALLOTTED
   UNDER SCHEME DURING PERIOD:                   40,000 ORDINARY 25P



6. BALANCE UNDER SCHEME NOT YET ISSUED/ALLOTTED
   AT END OF PERIOD:                               16,588 ORDINARY 25P



7. NUMBER AND CLASS OF SHARE(S)
   (AMOUNT OF STOCK/DEBT SECURITIES)             116,000 ORDINARY 25P
   ORIGINALLY LISTED AND THE DATE OF ADMISSION:  LISTED 17 July 2002.


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 LIP

                    400 CAPABILITY GREEN

                    LUTON

                    BEDFORDSHIRE

                    LU1 3LU



NAME:       ANDREW KANE

TELEPHONE:  [phone]


END

                      This information is provided by RNS
            The company news service from the London Stock Exchange