Capital Gearing Trust plc

    To:                   PR Newswire

    From:              Capital Gearing Trust P.l.c.

    Date:               27 May 2016

    ISSUE OF EQUITY

    On 27 May 2016 Capital Gearing Trust P.l.c. (the "Company") issued 10,800
    Ordinary Shares of 25p from its block listing facility at a price of 3,434
    pence per share.

    The Company's issued share capital now consists of 3,400,378 Ordinary shares,
    and there are no shares held in Treasury.  Therefore, the total number of
    shares with voting rights in the Company is 3,400,378.

    The above figure may be used by shareholders as the denominator for the
    calculations by which they will determine if they are required to notify their
    interest in, or a change to their interest in, Capital Gearing Trust P.l.c.
    under the FCA's Disclosure and Transparency Rules.

    Steven Cowie

    Company Secretary

    Enquiries: 0131 538 6604