Net Asset Values

CAPITAL GEARING TRUST P.L.C. (the "Company")

Net Asset Values

The Company announces that, as at the close of business on 15 November 2013,
the unaudited net asset values per ordinary share, valued on a 'bid price'
basis, were:

Capital only: 3,094.24p
Including income: 3,099.03p


Enquiries:
Johana J. Woodruff, TMF Corporate Secretarial Services Limited
Email: [e-mail]

Date: 19 November 2013