Performance at Month End

HgCapital Trust plc

All information is at 31 August 2011 and unaudited.

Performance at month end with net income reinvested

                  One month    Three     One    Three      Five      Ten 
                              months    year    years     years    years    
                                                                         
Net asset value     1.1%        0.9%   22.7%    15.7%     87.1%    257.3%
(diluted)                           
                                                                   
Net asset value     1.2%        0.7%   26.3%    18.9%     92.1%    267.0%
(basic)                                                                  
                                                                         
Share price         0.5%      (3.2%)   38.0%    32.8%     88.2%    340.0%
                                                                         
FTSE All-Share     (6.9%)     (9.3%)    7.3%    12.1%      4.7%     44.3%
Index                                                                    

Sources: HgCapital, Factset

At month end

Net asset value:*                                                            
                                                                             
   Basic                                                 1,156.7p
                                                                             
   Diluted                                               1,126.1p
                                                                             
Share price ordinary shares:                             1,095.0p
                                                                             
Ordinary share price discount to NAV                         5.3%
(basic):                                                                     
                                                                             
Ordinary share price discount to NAV                         2.8%
(diluted):                                                                   
                                                                             
Share price subscription shares:                           137.0p
                                                                             
Total net assets:                                         £367.8m
                                                                             
Net yield:                                                    2.6%
                                                                             
Gearing:                                                      Nil%
                                                                             
Ordinary shares in issue:                               31,799,725
                                                                             
Subscription shares in issue:                            5,524,973
                                                                             
* includes 8 months net revenue of 11.15p                                    
                                                                             

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 2011.

Sector                                                Total Assets
                                                                             
                                                                 %
                                                                             
Technology & Media                                            27.2
                                                                             
Healthcare                                                    12.9
                                                                             
Services                                                       9.2
                                                                             
Industrials                                                    7.7
                                                                             
Renewable Energy                                               5.1
                                                                             
Consumer & Leisure                                             4.0
                                                                             
Other                                                          8.9
                                                                             
Cash and other liquid assets                                  25.0
                                                                             
                                                             100.0

Ten Largest Investments

Company                           Total Assets Sector                          
                                                                               
                                             %                                 
                                                                               
TeamSystem                                 7.1 Technology & Media              
                                                                               
VISMA                                      6.6 Technology & Media              
                                                                               
SHL                                        5.0 Services                        
                                                                               
Frosunda                                   4.3 Healthcare                      
                                                                               
Lumesse                                    4.2 Technology & Media              
                                                                               
Midas EquityCo (Goldshield)                4.1 Healthcare                      
                                                                               
HG Renewable Energy (Fund 1)               4.0 Renewable Energy                
                                                                               
Mondo Minerals Co-op                       4.0 Industrials                     
                                                                               
Achilles                                   3.9 Technology & Media              
                                                                               
Mainio Vire                                3.3 Healthcare                      
                                                                               
                                          46.5                                 

07 September 2011