Aberforth Geared Income Trust plc ("AGIT")

The Net Asset Values ("NAVs") for the above company as at the close of
business on 23 January 2014 were:-

Ordinary Share (excluding current year revenue) = 203.85p

Ordinary Share (including current year revenue) = 208.28p

Zero Dividend Preference Share = 127.64p

The market value of investments was GBP316.5m less net liabilities (including
Zero Dividend Preference Shares) of GBP88.4m to leave Shareholders' Funds of
GBP228.1m.

Contact - Gary Tait (Tel: 0131 220 0733)

Aberforth Partners LLP, Secretaries - 24 January 2014
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