Portfolio Update

HG Capital Trust PLC
03 January 2007

HgCapital Trust plc
As at 31 December 2006

Top 10 Private Equity holdings:

Addison
Blue Minerva
Classic Copyright
FTSA Holdings
Hirschmann Electronics
Paragon Limited
Schenck
Surrey 1
VISMA
Xtx


Other holdings over 5%:

n/a

Holdings in restricted UK listed investment companies:

n/a



3 January 2007


                      This information is provided by RNS
            The company news service from the London Stock Exchange