Capital Gearing Trust P.l.c. - Net Asset Value(s)

CAPITAL GEARING TRUST P.L.C. (the "Company")

LEI:213800T2PJTPVF1UGW53

Date: 24 April 2025

Net Asset Value

The Company announces that, as at the close of business on 23 April 2025, the unaudited net asset values per ordinary share, valued on a 'bid price' basis, were:

Capital only: 4,760.47p

Including income: 4,885.02p

Frostrow Capital LLPCompany SecretaryEmail: company.secretary@capitalgearingtrust.com