Availability of Half-yearly Report

CAPITAL GEARING TRUST plc (the "Company")

11 November 2011

AVAILABILITY OF HALF-YEAR FINANCIAL REPORT FOR THE SIX MONTHS ENDED 5 OCTOBER
2011

The Half-Year Financial Report of the Company for the six months ended 5
October 2011 (the "Half-Year Financial Report") was posted to Shareholders
today.

A copy of the Half-Year Financial Report has been submitted to the National
Storage Mechanism and will shortly be available for inspection at: 
www.Hemscott.com/nsm.do.

The Half-Year Financial Report is also available to view at 
http://www.capitalgearingtrust.com/pdf/2011 Half Year Financial Report.pdf

Disclaimer: Neither the contents of the Company's website nor the contents of
any website accessible from hyperlinks on the Company's website (or any other
website) is incorporated into, or forms part of, this announcement.

TMF Nominees Limited
Company Secretary
Tel. [phone]