Performance at month end

HgCapital Trust plc

All information is at 31 May 2008 and unaudited.

Performance at month end with net income reinvested

                       One   Three    One     Three Five years
                     month  months   year     years           
                                                              
Net asset value       0.6%    3.7%  36.0%    117.9%     227.2%
                                                              
Share price           1.0%    2.2%   6.0%     85.1%     289.6%
                                                              
FTSE All-Share       -0.2%    3.9%  -7.1%     28.0%      84.6%
Index                                                         

Sources: HgCapital, Standard & Poor's Micropal

At month end

Net asset value:*                                                   1,013.80p
                                                                             
Share price:                                                          890.00p
                                                                             
Discount                                                                12.2%
                                                                             
Total assets:                                                         £255.3m
                                                                             
Net yield:                                                               2.8%
                                                                             
Gearing:                                                                 Nil%
                                                                             
Ordinary shares in issue:                                          25,186,755
                                                                             
* includes 5 months net revenue of 26.79p and is after providing for the     
carried interest.                                                            

The NAV is recalculated monthly with respect to cash, cash equivalents and
quoted investments in the portfolio.

Unquoted investments were last revalued at 31 December 2007.

Sector                                                           Total Assets
                                                                             
                                                                            %
                                                                             
Technology & Media                                                       13.4
                                                                             
Industrials                                                               9.2
                                                                             
Consumer & Leisure                                                        9.0
                                                                             
Healthcare                                                               10.0
                                                                             
Services                                                                  8.9
                                                                             
Renewable Energy                                                          1.6
                                                                             
Other                                                                     0.7
                                                                             
Fixed Interest                                                           43.9
                                                                             
Net current assets                                                        3.2
                                                                             
Cash                                                                      0.1
                                                                             
                                                                        100.0

Ten Largest Investments

Company                           Total Assets Sector                          
                                                                               
                                             %                                 
                                                                               
VISMA                                      5.8 Technology & Media              
                                                                               
Casa Reha                                  4.1 Healthcare                      
                                                                               
Voyage Healthcare                          3.4 Healthcare                      
                                                                               
Atlas t/a Atlas Interactive                3.2 Services                        
                                                                               
Addison                                    3.2 Technology & Media              
                                                                               
BMFCO UA t/a Fabory                        3.1 Services                        
                                                                               
Mondo Minerals Co-op                       3.1 Industrials                     
                                                                               
Sporting Index                             2.8 Consumer & Leisure              
                                                                               
SLV Electronic                             2.7 Industrials                     
                                                                               
SHL                                        2.5 Services                        
                                                                               
                                          33.9                                 

05 June 2008