Notification of Major Interest in Shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                                      
                                                                                                     
1. Identity of the issuer or the underlying issuer                Capital Gearing Trust plc          
of existing shares to which voting rights are                                                        
attached: ii                                                                                         
                                                                                                     
2 Reason for the notification (please tick the appropriate box or boxes):                            
                                                                                                     
An acquisition or disposal of voting rights                                                          
                                                                                                     
An acquisition or disposal of qualifying financial instruments which may result                      
in the acquisition of shares already issued to which voting rights are attached                      
                                                                                                     
An acquisition or disposal of instruments with similar economic effect to                            
qualifying financial instruments                                                                     
                                                                                                     
An event changing the breakdown of voting rights                                                     
                                                                                                     
Other (please        Change in our Terms & Conditions restricting the exercise of Voting       X     
specify):            Rights to Discretionary client holdings                                         
                                                                                                     
3. Full name of person(s) subject to the                                                             
notification obligation: iii                            Investec Wealth & Investment Limited         
                                                                                                     
4. Full name of shareholder(s)                                                                       
 (if different from 3.):iv                                                                           
                                                                        N/A                          
                                                                                                     
5. Date of the transaction and date on                             1st June 2015                     
which the threshold is crossed or                                                                    
reached: v                                                                                           
                                                                                                     
6. Date on which issuer notified:                                  2nd June 2015                     
                                                                                                     
7. Threshold(s) that is/are crossed or                                   1%                          
reached: vi, vii                                                                                     

   

8. Notified details:                                                                                 
                                                                                                     
A: Voting rights attached to shares viii, ix                                                         
                                                                                                     
Class/type of    Situation previous        Resulting situation after the triggering transaction      
shares           to the triggering                                                                   
                 transaction                                                                         
if possible                                                                                          
using            Number       Number       Number      Number of voting      % of  voting rights x   
the ISIN CODE    of           of           of shares   rights                                        
                 Shares       Voting                                                                 
                              Rights       Direct      Direct xi    Indirect Direct       Indirect   
                                                                    xii                              
                                                                                                     
                 94,115       94,115       54,394      54,394                1.86%                   
Ordinary Shares                                                                                      
                                                                                                     
GB0001738615                                                                                         
                                                                                                     
B: Qualifying Financial Instruments                                                                  
                                                                                                     
Resulting situation after the triggering transaction                                                 
                                                                                                     
Type of financial       Expiration Exercise/               Number of voting        % of voting       
instrument              date xiii  Conversion Period xiv   rights that may be      rights            
                                                           acquired if the                           
                                                           instrument is                             
                                                           exercised/ converted.                     
                                                                                                     
N/A                     N/A        N/A                     N/A                     N/A               
                                                                                                     
C: Financial Instruments with similar economic effect to Qualifying Financial                        
Instruments xv, xvi                                                                                  
                                                                                                     
Resulting situation after the triggering transaction                                                 
                                                                                                     
Type of financial  Exercise   Expiration Exercise/     Number of voting rights  % of voting rights   
instrument         price      date xvii  Conversion    instrument refers to     xix, xx              
                                         period xviii                                                
                                                                                                     
N/A                N/A        N/A        N/A           N/A                      Nominal      Delta   
                                                                                                     
                                                                                N/A          N/A     
                                                                                                     
Total (A+B+C)                                                                                        
                                                                                                     
Number of voting rights                          Percentage of voting rights                         
                                                                                                     
54,394                                           1.86%                                               

   

9. Chain of controlled undertakings through which the voting rights and/or the              
financial instruments are effectively held, if applicable: xxi                              
                                                                                            
                                                                                            
Discretionary client holdings registered in the name of Nominee companies 100%              
owned by Investec Wealth & Investment Limited.                                              
                                                                                            
Proxy Voting:                                                                               
                                                                                            
10. Name of the proxy holder:                                                               
                                                          N/A                               
                                                                                            
11. Number of voting rights proxy holder will cease                                         
to hold:                                                  N/A                               
                                                                                            
12. Date on which proxy holder will cease to hold                                           
voting rights:                                            N/A                               
                                                                                            
                                                                                            
13. Additional information:                                      N/A                        
                                                                                            
14. Contact name:                            Phil Beardwell Chartered FCSI                  
                                             Senior Compliance Manager                      
                                                                                            
15. Contact telephone number:                020 7597 1356