Net Asset Value

CAPITAL GEARING TRUST P.L.C (the "Company") Net Asset Value The Company announces that as at the close of business on 30 December 2011, the unaudited capital only net asset value per ordinary share, valued on a `bid price' basis, was 2,841.35p. Enquiries: Keith Hawkins, TMF Corporate Secretarial Services Limited Email: company.secretary@capitalgearingtrust.com Date: 4 January 2012
UK 100

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