CGT Capital Gearing Trust Plc

CAPITAL GEARING TRUST P.L.C.

LEI: 213800T2PJTPVF1UGW53

TRANSACTION IN OWN SHARES

Capital Gearing Trust P.l.c. (the "Company") today purchased 12,500 of its own Ordinary shares at a price of 4,686 pence per share, to be held in Treasury.

Following the transaction, the Company's share capital comprises:

20,878,727 Issued Ordinary Shares (excluding Treasury shares)

5,701,536 Ordinary shares held in Treasury

26,580,263 Issued Ordinary Shares (including Treasury shares)

For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any Ordinary shares held in Treasury and should use the figure 20,878,727 when determining if they are required to notify their interest in, or a change to their interest, in the Company.

Juniper Partners Limited

Company Secretary

Enquiries: 0131 378 0500