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 20 September 2013,
the unaudited net asset values per ordinary share, valued on a 'bid price'
basis, were:

Capital only: 3,079.04p
Including income: 3,083.18p

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


Date: 24 September 2013