Correction : Transaction in Own Shares

This announcement correct the announcement made earlier today at 16:58. In the second paragraph Personal Assets Trust plc should have read Capital Gearing Trust plc. All other information remains unchanged.

Capital Gearing Trust plc

To:                   RNS

From:              Capital Gearing Trust plc

Date:               7 December 2015

TRANSACTION IN OWN SHARES

On 7 December 2015 Capital Gearing Trust plc (“the Company”) bought 7,200 of its own ordinary shares of 25p to be held in Treasury at a price of £32.50 each.

The Company’s issued share capital consists of 2,968,917 ordinary shares, of which 7,200 ordinary shares are held in Treasury. Therefore, the total number of shares with voting rights in Capital Gearing Trust plc is 2,961,717.

The above figure (2,961,717) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure and Transparency Rules.

Enquiries:

Steven Cowie

Company Secretary

0131 538 1400