Portfolio Update

HG Capital Trust PLC
02 March 2006


HgCapital Trust plc


As at 28 February 2006, HgCapital Trust plc announces that it had no investments
in other listed investment companies that do not have a stated policy to invest
no more than 15% of their gross assets in other listed investment companies.


2 March 2006



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