Annual Information Update

HGCAPITAL TRUST PLC                              

                           Annual Information Update                           

In accordance with the requirements of Prospectus Rule 5.2.1R, the following
information has been published or made available by the Company in the 12
months up to and including 7 April 2011.

The information in this update appears by way of record and was up to date at
the time the information was released. It is acknowledged that such information
may now be out of date. Information is referred to in this update rather than
included in full.

1. Regulatory Announcements

The following UK regulatory announcements have been made via a Regulatory
Information Service:

Date                  Description of Document                                
                                                                             
07 April 2010         Holdings in Company                                    
                                                                             
09 April 2010         Performance at Month End                               
                                                                             
15 April 2010         Director/PDMR Shareholding                             
                                                                             
22 April 2010         Director/PDMR Shareholding                             
                                                                             
04 May 2010           Acquisition                                            
                                                                             
04 May 2010           Total Voting Rights                                    
                                                                             
10 May 2010           Interim Management Statement                           
                                                                             
10 May 2010           Result of AGM                                          
                                                                             
25 May 2010           Investment in SimonsVoss Tech                          
                                                                             
26 May 2010           Directorate Change                                     
                                                                             
04 June 2010          Acquisition                                            
                                                                             
08 June 2010          Performance at Month End                               
                                                                             
09 June 2010          Correction: Performance at Month End                   
                                                                             
30 June 2010          Acquisition                                            
                                                                             
30 June 2010          HgCapital Pre-Close Update                             
                                                                             
28 July 2010          Directorate Change                                     
                                                                             
03 August 2010        Acquisition                                            
                                                                             
26 August 2010        Announcement of Interim Results                        
                                                                             
26 August 2010        Announcement of Financial Report                       
                                                                             
07 September 2010     Performance at Month End                               
                                                                             
27 September 2010     Disposal                                               
                                                                             
06 October 2010       Interim Management Statement                           
                                                                             
04 November 2010      Acquisition                                            
                                                                             
05 November 2010      Performance at Month End                               
                                                                             
12 November 2010      HgCapital sells Pulse Staffing                         
                                                                             
17 November 2010      Director/PDMR Shareholding                             
                                                                             
07 December 2010      Performance at Month End                               
                                                                             
20 December 2010      Pre-close Update                                       
                                                                             
10 February 2011      Disposal                                               
                                                                             
01 March 2011         Director Declaration                                   
                                                                             
18 March 2011         Annual Financial Report                                
                                                                             
18 March 2011         Final Results                                          
                                                                             
04 April 2011         Disposal                                               
                                                                             
07 April 2011         Net Asset Value(s)                                     
                                                                             
07 April 2011         Correction: Performance at Month End                   

Details of all regulatory announcements can be found in full on the London
Stock Exchange website www.londonstockexchange.com in the Prices and News/
Market News area and searching under HgCapital Trust Plc. They are also
available in the `Investors' section at www.hgcapitaltrust.com.

In addition, the following were submitted to the Document Viewing Facility,
predecessor to the National Storage Mechanism, which is no longer in service.
The following can, however, be viewed in the `Investors' section at 
www.hgcapitaltrust.com.

  * Annual Report and Accounts for year ending 31 December 2010;
   
  * Notice of meeting for the 2010 AGM;
   
  * Form of proxy for 2010 AGM;
   
  * Results of the 2010 AGM; and
   
All regulatory announcements, since 14 May 2010 should also be available for
viewing at the National Storage Mechanism located at www.hemscott.com/nsm.do.

2. Documents filed at Companies House

All of the documents listed below were filed with the Registrar of Companies in
England and Wales on or around the dates indicated, by the Company.

Date              Document Filed                                               
                                                                               
21/04/2010        AR01 - Annual Return                                         
                                                                               
22/04/2010        RES01 - Resolution to authorise allotment and purchase of    
                  Shares, Disapplication of Pre-Emption Rights and amendment to
                  the Company's Articles of Association.                       
                                                                               
29/04/2010        RES01 - amendment to the Company's Articles of Association.  
                                                                               
29/04/2010        CC04 - Statement of Company's Objects                        
                                                                               
06/05/2010        AA - Annual Report and Accounts                              
                                                                               
10/05/2010        SH01 - Allotment of Shares                                   
                                                                               
19/05/2010        RES13 - Authority to make market purchases in own shares     
                                                                               
07/06/2010        TM01 - Termination of appointment of Director                
                                                                               
06/09/2010        AP01 - Appointment of Director                               

Copies of these documents can be found on the Companies House Direct website at

www.direct.companieshouse.gov.uk or by contacting

Companies House

Crown Way

Cardiff

CF14 3UZ.

A copy of this Annual Information Update and all documents referred to in it
can be obtained from the Company's registered office:

HgCapital Trust Plc

2 More London Riverside

London

SE1 2AP