Aberforth Geared Income Trust plc ("AGIT")

The Net Asset Values ("NAVs") for the above company as at the close of
business on 2 January 2014 were:-

Ordinary Share (excluding current year revenue) = 197.29p

Ordinary Share (including current year revenue) = 201.27p

Zero Dividend Preference Share = 127.17p

The market value of investments was GBP310.3m less net liabilities (including
Zero Dividend Preference Shares) of GBP89.9m to leave Shareholders' Funds of
GBP220.4m.

Contact - Gary Tait (Tel: 0131 220 0733)

Aberforth Partners LLP, Secretaries - 3 January 2014