Blocklisting - Interim Review

Capital Gearing Trust p.l.c

BLOCK LISTING SIX MONTHLY RETURN

1. Name of company:

Capital Gearing Trust p.l.c                                                  

2. Name of scheme:

Shares issued by an investment trust                                           

3. Period of return:

From   30 April 2012                  To    30 October 2012                 

4. Balance of unallotted shares under scheme from previous return:

128,000 Ordinary Shares of 25p                                                 

5. Amount by which the block scheme has been increased since the date of the
last return:

Nil                                                                            

6. Number of shares issued / allotted under scheme during period:

2,000                                                                          

7. Balance under scheme not yet issued / allotted at end of period:

126,000 Ordinary Shares of 25p                                                 

8. Number and class of share(s) (amount of stock/debt securities) originally
listed and date of admission

116,000 Ordinary Shares of 25p listed on 17 July 2002, 83,412 Ordinary Shares  
of 25p listed on 18 November 2005, 40,000 Ordinary Shares of 25p listed on 22  
November 2010 and 113,000 Ordinary Shares of 25p listed on 14 June 2011       

9. Total number of shares in issue at the end of the period:

2,921,906 Ordinary Shares of 25p                                            

Contact for queries:

Name. Keith Hawkins                                                           
Tel. [phone]                                                             
E-Mail. [e-mail]                             
                                                                              
Date: 1 November 2012