Total Voting Rights

Capital Gearing Trust plc (“the Company”)

To:  PR Newswire

From:  Capital Gearing Trust P.l.c.

LEI:213800T2PJTPVF1UGW53

Date:  1 May 2020

Total Voting Rights

In accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, at 30 April 2020 the total number of Ordinary shares of 25p of the Company in issue is 11,559,763.

The above figure 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 Disclosure Guidance and Transparency Rules.

The Company also holds 51,800 shares in treasury.

PATAC Limited

Company Secretary

Email: [e-mail]