Performance at month end

HgCapital Trust plc

All information is at 31 August 2009 and unaudited.

Performance at month end with net income reinvested

                        One    Three     One    Three      Five
                      month   months    year    years     years
                                                               
Net asset value        0.5%    -1.2%  -13.6%    39.7%    141.1%
                                                               
Share price            0.1%    -3.3%   -9.6%    28.1%    151.5%
                                                               
FTSE All-Share         7.7%    13.1%   -5.4%   -11.7%     35.8%
Index                                                          

Sources: HgCapital, Standard & Poor's Micropal

At month end

Net asset value:*                                                      885.3p
                                                                             
Share price:                                                           786.5p
                                                                             
Discount                                                                11.2%
                                                                             
Total net assets:                                                     £223.0m
                                                                             
Net yield:                                                               3.2%
                                                                             
Gearing:                                                                 Nil%
                                                                             
Ordinary shares in issue:                                          25,186,755
                                                                             
* includes 8 months net revenue of 10.9p                                     

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

Unquoted investments were last revalued at 30 June 2009.

Sector                                                           Total Assets
                                                                             
                                                                            %
                                                                             
Technology & Media                                                       16.5
                                                                             
Industrials                                                               4.2
                                                                             
Consumer & Leisure                                                        7.6
                                                                             
Healthcare                                                               12.6
                                                                             
Services                                                                  1.8
                                                                             
Renewable Energy                                                          3.3
                                                                             
Other                                                                    -0.4
                                                                             
Fixed Interest                                                           45.7
                                                                             
Net current assets                                                        8.6
                                                                             
Cash                                                                      0.1
                                                                             
                                                                        100.0

Ten Largest Investments

Company                           Total Assets Sector                          
                                                                               
                                             %                                 
                                                                               
VISMA                                      9.1 Technology & Media              
                                                                               
Pulse Staffing                             8.6 Healthcare                      
                                                                               
Epyx                                       4.9 Technology                      
                                                                               
Sporting Index                             3.5 Leisure                         
                                                                               
Schleich                                   3.4 Consumer                        
                                                                               
HG Renewable Energy                        3.3 Renewable Energy                
                                                                               
Mondo Minerals Co-op                       3.2 Industrials                     
                                                                               
Voyage                                     3.2 Healthcare                      
                                                                               
Casa Reha                                  2.5 Healthcare                      
                                                                               
Americana                                  2.4 Consumer                        
                                                                               
                                          44.1                                 
                                                                               

08 September 2009