Top Ten Investments as at 30 September 2005

ABERFORTH GEARED CAPITAL & INCOME TRUST plc


The  Board  of Aberforth Geared Capital & Income Trust plc ("the  Company")
confirms  that, as at 30 September 2005, the top ten investments ranked  by
market value of the Company's total investable assets were as follows: -


Company                                       Value (£)           Weight (%)             Accumulated (%)

Greggs                                        3,083,946                2.8%                         2.8%
RPC Group                                     2,988,000                2.8%                         5.6%
Carillion                                     2,819,939                2.6%                         8.2%
Bodycote International                        2,776,895                2.6%                        10.8%
Croda International                           2,678,125                2.5%                        13.3%
Brown (N.) Group                              2,509,270                2.3%                        15.6%
Shanks Group                                  2,396,050                2.2%                        17.8%
Spirax-Sarco Engineering                      2,364,000                2.2%                        20.0%
ITE Group                                     2,333,312                2.2%                        22.2%
Holidaybreak                                  2,325,440                2.1%                        24.3%


Contact for enquiries
Gary Tait
Aberforth Partners
0131 220 0733

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